502 South St Holbrook — Photo 1 of 14
$429,900
Investment Analysis — 502 South St
Holbrook, MA 02343 — Residential
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02343 carries an estimated $2,560/mo in gross rent — about a 4.09% cap rate and $17,598/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
924
Style
Single Family
Built
1938
Opportunity awaits! Situated on a rare 1.8 acre lot, this charming 2-bedroom, 1 bath Ranch offers endless possibilities for homeowners, investors, or contractors looking to add their personal touch. Explore the possibilities of the expansive outdoor space along with approximately 924 square feet of living space, a full basement, and a detached garage. An ideal opportunity to build instant equity through cosmetic improvements. This home is ready for your vision and personal updates. Conveniently located with easy access to Route 24, Route 3, Holbrook/Randolph Commuter Rail, shopping and other ever day amenities. This home offers both privacy and convenience. Bring your vision and unlock the potential this unique property has to offer! ** First showing Sunday August 2nd 12-2pm**
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 462 sq ft (the lesser of 900 sq ft or half the 924 sq ft principal dwelling). Lot size: 78,408 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20.166666666 x 16.916666666
Flooring - Wall to Wall Carpet
Dining Room
Lvl First12.5 x 11.5
Flooring - Wall to Wall Carpet
Kitchen
Lvl First12 x 11.5
Flooring - Vinyl, Gas Stove
Master Bedroom
Lvl First10 x 15
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First10.916666666 x 12.083333333
Bathroom 1
Lvl FirstBathroom - Full
Listing Agent: Paul T. Gordon
Listing Office: Gordon Crowley Real Estate
MLS® Number: 73557696
