508 Center St Pembroke — Photo 1 of 40
$525,000
Investment Analysis — 508 Center St
Pembroke, MA 02359
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02359 carries an estimated $3,530/mo in gross rent — about a 4.99% cap rate and $26,176/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,288
Style
Single Family
Built
1951
Welcome to Pembroke! Conveniently located just minutes from Pembroke Center, this inviting ranch is set on 1.35 acres and offers the ease and simplicity of one-level living. Featuring 3 bedrooms and 2 full bathrooms, the home offers a comfortable layout with great flow between the living room, kitchen, and dining area, creating an ideal space for everyday living and gatherings. Enjoy the convenience of first-floor laundry, a spacious two-car garage, and a whole-house generator. The private backyard provides plenty of room to relax and enjoy the outdoors. A new septic system is being installed by the seller prior to closing. With its spacious lot, functional layout, and desirable location, 508 Center Street is ready to welcome its next owner.
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: 644 sq ft (the lesser of 900 sq ft or half the 1,288 sq ft principal dwelling). Lot size: 58,810 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Stable(s) • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19 x 11
Exterior Access
Dining Room
Lvl Main,First14 x 11
Exterior Access
Kitchen
Lvl Main,First12 x 12
Master Bedroom
Lvl First16 x 10
Bathroom - 3/4, Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First11 x 10
Bedroom 3
Lvl First11 x 10
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - With Shower Stall
Listing Agent: Matthew Mahoney
Listing Office: Boston Connect Real Estate
MLS® Number: 73575346
