114 Graham Hill Dr Hanover — Photo 1 of 32
Recent Drop: $105,000
$1,195,000
Investment Analysis — 114 Graham Hill Dr
Hanover, MA 02339
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02339 carries an estimated $3,390/mo in gross rent — about a 1.62% cap rate and $19,369/yr in estimated NOI at the $1,195,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
2,886
Style
Single Family
Built
1975
PRICE REDUCTION! Beautifully maintained and updated garrison colonial with Accessory Dwelling Unit on a quiet cul de sac in Hanover’s desirable southern district. Situated on a private ¾ acre wooded lot, this home features a large oversized custom kitchen professionally remodeled in 2014 with pantry, 4 spacious bedrooms, 2.5 baths including updated main bed/bath, office space and finished basement all with central air. Exterior features include freshly painted cedar clapboard, 3-car garage, stunning secluded pool/deck/patio and irrigation system. Multigenerational or income opportunity awaits with the 1 bed 1 bath ADU/in-law, featuring a large kitchen and open concept living area with vaulted ceiling, skylight, central air, private porch, washer dryer, located above the 2-car garage. Market value of ~$2,000/mo in rental income. Don't miss this home!
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 2,886 sq ft principal dwelling). Lot size: 1 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
Water Heater • Range • Dishwasher • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Dryer • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl null12 x 22
Dining Room
Lvl null12 x 22
Kitchen
Lvl null16 x 22
Family Room
Lvl null14 x 20
Master Bedroom
Lvl null17 x 14
Bedroom 2
Lvl null13 x 12.5
Bedroom 3
Lvl null11.3 x 11
Bedroom 4
Lvl null11.5 x 11.6
Property History
$1,195,000
Was $1,300,000
Jun 2, 2026
MLS® 73430304
$1,300,000
Sep 12, 2025
MLS® 73430304
Listing Agent: Drew Jacobs
Listing Office: Jacobs Real Estate
MLS® Number: 73430304