159 Railroad Avenue Hamilton — Photo 1 of 32
Recent Drop: $54,400
$845,500
Investment Analysis — 159 Railroad Avenue
Hamilton, MA 01982 — South Hamilton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01982 carries an estimated $2,560/mo in gross rent — about a 1.57% cap rate and $13,247/yr in estimated NOI at the $845,500 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,400
Style
Single Family
Built
1910
One look at this home and you will fall in love with the large front yard with mature trees, very well maintained home, wrap around porch with Trex decking, blue stone patio and two car detached garage, upgraded in 2024, as well as at least four parking spaces in the driveway. The modern kitchen was beautifully redone in 2018, as well as new windows in 2000, siding in 2020, and new roof in 2020. The large primary suite was added in 2001 with a cathedral ceiling and primary bath with separate tub and glass-enclosed shower, as well as a large closet and built in storage. The second bedroom and a smaller room, perfect for a nursery or home office, round out the second floor. This beautiful home is located near the center of Hamilton, a five minute walk to the train, shopping, restaurants, community pool, tennis courts, library, a fantastic park with play equipment for children, gazebo for summer concerts in the park, and a Community House with great programs for the town.
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: 700 sq ft (the lesser of 900 sq ft or half the 1,400 sq ft principal dwelling). Lot size: 12,806 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 • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl SecondMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$845,500
Was $899,900
Sep 3, 2026
MLS® 73551978
$899,900
Jul 21, 2026
MLS® 73551978
Listing Agent: Sheila Macdonald
Listing Office: J. Barrett & Company
MLS® Number: 73551978