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16 Oakland Ave Hanover — Photo 1 of 26

16 Oakland Ave Hanover — Photo 1 of 26

$649,900

Investment Analysis — 16 Oakland Ave

Hanover, MA 02339

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02339 carries an estimated $2,560/mo in gross rent — about a 2.53% cap rate and $16,459/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,318

Style

Single Family

Built

1900

How do you describe a home that is honestly one of the most adorable homes you’ve ever been in? Welcome to 16 Oakland Ave, a picture-perfect farmhouse tucked into the heart of historic Hanover Four Corners, where timeless character, thoughtful updates, and an incredible location come together in one very special home. Beautiful wood floors, gorgeous moldings, and original charm run throughout this impeccably maintained home, while modern updates make it completely comfortable for today. The updated kitchen features upgraded cabinetry and stainless appliances and opens into the home's inviting living spaces. BUT, the room you’ll fall in love with is at the back of the house. An amazing vaulted family room wrapped in windows overlooks the woods and conservation land beyond, creating the feeling of living in your own private treehouse. Step outside to the sweetest covered porch, the perfect spot for morning coffee or dinner with friends. Set on .82 acres with a fenced yard, patio, and beautiful outdoor space, the property offers a surprising sense of privacy while still being connected to one of Hanover’s most vibrant neighborhoods, and the location may be just as special as the house. Historic Four Corners has become the go-to spot in Hanover for those looking for walkability and convenience. Stroll from home to coffee, restaurants, shopping, the spa and local favorites, while a beautiful new-construction neighborhood sits just beyond and conservation land creates a peaceful backdrop behind you. Lovingly and impeccably maintained by its current owner, 16 Oakland Ave is warm, charming and completely unforgettable. This isn't just a house you come to see it’s one you walk into and immediately want to be 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: 659 sq ft (the lesser of 900 sq ft or half the 1,318 sq ft principal dwelling). Lot size: 35,719 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

Original Price$649,900
Annual Taxes$6,888

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningResidentia

Property & Lot

Acres0.82
SqFt Lot35,719
Lot FeaturesWooded, Cleared, Gentle Sloping

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Park • Stable(s) • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Main,First
Family Room
Living Room
Lvl First

17 x 12

Flooring - Wood, Window(s) - Picture, Exterior Access, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

12 x 10

Flooring - Wood, Chair Rail, Open Floorplan

Kitchen
Lvl First

15 x 12

Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl Main,First

16 x 13

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wood, Balcony / Deck, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl Second

14 x 12

Ceiling Fan(s), Closet, Flooring - Wood, Recessed Lighting

Bedroom 2
Lvl Second

12 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl Second

9 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Remodeled, Lighting - Sconce

Listing Provided By

Listing Agent: Kristen M. Dailey

Listing Office: The Firm

MLS® Number: 73574196