
78 Washington Street Hanover — Photo 1 of 42
$2,095,000
Investment Analysis — 78 Washington Street
Hanover, MA 02339 — Historic Four Corners
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02339 carries an estimated $3,390/mo in gross rent — about a 0.65% cap rate and $13,622/yr in estimated NOI at the $2,095,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
5,114
Style
Single Family
Built
1940
A rare opportunity to own one of Hanover's most distinctive estate properties. Set on nearly two beautifully landscaped acres framed by classic New England stone walls, this exceptional shingle-style Victorian seamlessly blends timeless architecture with modern amenities and extraordinary versatility. Originally rebuilt in 1940 as an English Tudor, the home underwent an extensive reconstruction in 1994-1995, when it was taken down to the studs and reimagined as the stunning residence enjoyed today. Virtually every major component was replaced, including the electrical, plumbing, insulation, windows, and mechanical systems. The renovation also introduced the spectacular family room, heated four-car garages, wraparound farmer's porch, expansive side and rear entertainment decks, and rebuilt stone walls along Washington Street. Designed for everyday living and memorable entertaining, the sun-filled family room serves as the heart of the home, flowing effortlessly to the kitchen and outdoor living spaces. A finished attic provides additional flexible space ideal for guests, a home office, fitness room, playroom, or media room. Outside, enjoy beautifully maintained grounds supported by a private artesian well and irrigation system, an NBA regulation-size basketball court that also accommodates tennis and pickleball, and a natural gas-fed Weber grill that makes outdoor entertaining effortless. Car enthusiasts, hobbyists, and business owners will appreciate dual heated two-car garages with adjoining workshop. The impressive 32' x 51' three-story barn, originally designed as a horse barn and complete with four stalls, offers endless possibilities for equestrian pursuits, hobbies, storage, or a home-based business. The expansive hay loft, complete with basketball hoops, has been the backdrop for decades of family memories. Additional highlights include efficient natural gas heat with cast-iron baseboard radiators, a whole-house automatic standby generator, and a brand-new architectural roof installed in June 2026. Lovingly maintained and thoughtfully improved by the same family for more than three decades, 78 Washington Street offers a truly rare opportunity to own one of Hanover's landmark properties, just minutes from Route 3, shopping, dining, and Hanover's highly regarded schools.
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: 900 sq ft (the lesser of 900 sq ft or half the 5,114 sq ft principal dwelling). Lot size: 84,506 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24 x 13
Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, French Doors, Deck - Exterior, Exterior Access, Recessed Lighting, Slider, Sunken, Lighting - Overhead
Dining Room
Lvl Main,First16 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Remodeled, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
Lvl Main,First26 x 13
Skylight, Closet, Flooring - Hardwood, Flooring - Wood, Window(s) - Picture, Dining Area, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Office
Lvl First16 x 9
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, French Doors, Lighting - Overhead
Family Room
Lvl Main,First27 x 23
Cathedral Ceiling(s), Ceiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Deck - Exterior, Exterior Access, Recessed Lighting, Lighting - Sconce, Lighting - Overhead, Breezeway
Master Bedroom
Lvl Second24 x 14
Bathroom - Full, Skylight, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Hot Tub / Spa, Double Vanity, Dressing Room, Recessed Lighting, Lighting - Overhead, Closet - Double
Bedroom 2
Lvl Second17 x 12
Bedroom 3
Lvl Second14 x 10
Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Bedroom 4
Lvl Second13 x 11
Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Bathroom 1
Lvl Second16 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Stone/Ceramic Tile, Hot Tub / Spa, Recessed Lighting
Bathroom 2
Lvl Second8 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Enclosed Shower - Fiberglass
Bathroom 3
Lvl First6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: David Delaney
Listing Office: David R. Delaney, Esq.
MLS® Number: 73566550
