Active
35 Days on market
12 Merritt Groveland — Photo 1 of 31

12 Merritt Groveland — Photo 1 of 31

$925,000

Investment Analysis — 12 Merritt

Groveland, MA 01834

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01834 carries an estimated $2,770/mo in gross rent — about a 1.64% cap rate and $15,152/yr in estimated NOI at the $925,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,900

Style

Single Family

Built

1958

Sprawling ranch-style home sits perfectly on a private corner lot abutting a quiet cul-de-sac, offering the ultimate setup for multi-generational living with a fully finished walk-out in-law suite in the lower level. The main level boasts gleaming hardwood flooring throughout, featuring 4 spacious bedrooms—including a large master ensuite. At the heart of the home is a living room centered around a classic brick fireplace with a newly installed pellet stove insert, which flows effortlessly into the kitchen highlighted by a massive 6-to-8-foot granite island. Major structural updates offer total peace of mind, including a new roof ,vinyl siding & gutters installed in December 2022 comes with a warranty! alongside a furnace and hot water heater added in March 2020. The interior spaces come complete with young stainless steel appliances plus the washer and dryer remaining for the new owners. Step outside through the exterior door into a manicured, fully fenced yard that serves as your own private oasis, complete with an entertaining deck, an above-ground pool, and a mature tree-lined backdrop ensuring maximum privacy.

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 2,900 sq ft principal dwelling). Lot size: 15,751 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

Original Price$925,000
Annual Taxes$10,110

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Carpet, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Natural Gas, Pellet Stove
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.36
SqFt Lot15,751
Lot FeaturesCorner Lot, Wooded, Level

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Stainless Steel Appliance(s) • Gas Cooktop

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

First
Bedroom 2Bedroom 3Bathroom 1
Basement
Bedroom 4Bathroom 3
Main,First
Living RoomDining RoomKitchenMaster BedroomBathroom 2
Living Room
Lvl Main,First

Wood / Coal / Pellet Stove, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Exterior Access

Dining Room
Lvl Main,First

Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, Lighting - Overhead

Kitchen
Lvl Main,First

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Stainless Steel Appliances, Gas Stove

Master Bedroom
Lvl Main,First

Bathroom - Full, Closet, Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Hardwood

Bedroom 4
Lvl Basement

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Bathroom - With Tub & Shower, Closet - Linen, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Dryer Hookup - Gas, Washer Hookup

Bathroom 2
Lvl Main,First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Basement

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Exterior Access

Listing Provided By

Listing Agent: Robin Chudnowmarsh

Listing Office: Coldwell Banker Realty - Franklin

MLS® Number: 73561121