
104 Center St. Groveland — Photo 1 of 28
$649,000
Investment Analysis — 104 Center St.
Groveland, MA 01834
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01834 carries an estimated $2,510/mo in gross rent — about a 2.39% cap rate and $15,521/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,834
Style
Single Family
Built
1992
Welcome home! This charming double-dormer Cape, built in 1992, nicely set back from the road, offers a wonderful combination of comfort, flexibility, and thoughtful updates. The open-concept first floor creates an easy flow from the kitchen into the front-to-back dining area, with hardwood floors adding warmth throughout the main living spaces. The first floor features a flexible bedroom or office along with a full bath, making one-level living a possibility or providing an ideal work-from-home space. Upstairs, two generously sized bedrooms and a full bath offer privacy and plenty of room for family or guests. The lower level room adds even more versatility with an electric wall fireplace that can serve as a family room, playroom, home gym, or hobby space. The current owner has renovated both baths, installed seven new windows, and replaced the hot water heater. New vinyl siding adds to the home's curb appeal and low-maintenance exterior. Outside, enjoy a mostly fenced yard with two sheds providing excellent storage for gardening equipment, bikes, and outdoor belongings. Additional features include central air conditioning and two heating zones. While there is no garage, the driveway accommodates at least four vehicles. Conveniently located in the desirable town of Groveland, this home offers a flexible floor plan and numerous updates—a great opportunity to make this picture perfect cape your own! MORE PHOTOS ARE HERE!
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 1,834 sq ft principal dwelling). Lot size: 11,090 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.333333333 x 11.333333333
Ceiling Fan(s), Closet, Flooring - Hardwood
Dining Room
Lvl First16 x 11.166666666
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl First13.333333333 x 11.166666666
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan
Family Room
Lvl Basement19.25 x 10.666666666
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Exterior Access
Primary Bedroom
Lvl Second12.166666666 x 23
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12.083333333 x 23
Bedroom 3
Lvl First12.583333333 x 9
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First8.166666666 x 7.666666666
Bathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl Second8.75 x 6.666666666
Bathroom - Full, Bathroom - With Tub & Shower
Listing Agent: North Shore Real Estate Home Group
Listing Office: Realty One Group Nest
MLS® Number: 73575508