975 Hanover St Hanover — Photo 1 of 40
$1,000,000
Investment Analysis — 975 Hanover St
Hanover, MA 02339
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 2.06% cap rate and $20,605/yr in estimated NOI at the $1,000,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,123
Style
Single Family
Built
1986
Welcome home to 975 Hanover Street. As you enter the drivewa,y you'll notice that the house is setback 200' from the road - offering complete privacy. This spacious 4-bedroom, 2.5-bath extended Cape offers a versatile layout with plenty of room to spread out. Inside, you’ll find inviting living spaces including a cozy wood-burning fireplace, electric cooking, and the convenience of first-floor laundry tucked into the half bath. The first floor primary suite provides a comfortable retreat with vaulted ceilings, a private en suite bath, and generous walk-in closet. Downstairs, the finished basement offers additional flexibility with a bonus space along with plenty of room for storage. Outside, enjoy a large yard designed for relaxing and entertaining, complete with Azek decking and an above-ground pool, perfect for summer days at home. Additional highlights include a two-car garage, irrigation system, hook up for whole house generator and a whole-house water filtration system. With its private setting, spacious interior, and great outdoor amenities, 975 Hanover Street offers the space and flexibility to settle in and make it your own.
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 3,123 sq ft principal dwelling). Lot size: 55,321 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Water Treatment
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 16
Flooring - Hardwood, Cable Hookup, Recessed Lighting
Dining Room
Lvl First14 x 11
Flooring - Hardwood, Deck - Exterior, Exterior Access, Slider
Kitchen
Lvl First13 x 13
Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances
Family Room
Lvl First21 x 13
Flooring - Hardwood, Cable Hookup, Exterior Access, Recessed Lighting
Master Bedroom
Lvl First17 x 28
Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup
Bedroom 2
Lvl Second14 x 24
Bedroom 3
Lvl Second14 x 12
Skylight, Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 4
Lvl Second18 x 11
Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 5
Lvl First14 x 16
Ceiling Fan(s), Flooring - Hardwood, French Doors, Cable Hookup
Bathroom 1
Lvl Second7 x 8
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl First10 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl First6 x 7
Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Wainscoting, Washer Hookup
Property History
$1,000,000
Sep 8, 2026
MLS® 73572735
$995,000
Oct 18, 2024
MLS® 73224397
$995,000
Apr 16, 2024
MLS® 73224397
Listing Agent: Beatrice Murphy
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73572735
