Active
31 Days on market
28 Groveland Commons Way #28 Groveland — Photo 1 of 30

28 Groveland Commons Way #28 Groveland — Photo 1 of 30

$228,541

Investment Analysis — 28 Groveland Commons Way #28

Groveland, MA 01834

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01834 carries an estimated $2,090/mo in gross rent — about a 6.02% cap rate and $13,764/yr in estimated NOI at the $228,541 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

1.5

SqFt

1,382

Style

Condominium

Built

2002

****Affordable Housing - Must fill out application before requesting showing!*** Enjoy the ease of condo living with no exterior maintenance to worry about in this sun-filled, three-level townhouse. Designed for everyday comfort, the open main level features a bright kitchen with stainless steel appliances including a gas stove, breakfast bar, and sliders leading to the back deck—perfect for morning coffee or outdoor dining. Central air keeps you comfortable all summer long, while the convenient in-unit laundry makes daily chores a breeze. An attached garage and additional off-street parking provide effortless convenience, offering plenty of space for vehicles, storage, and protection from New England weather. Have a furry friend to bring along?! Pets are welcome! 2 per unit. (30lbs an under for dogs). Thoughtfully designed with bright, functional living spaces, this home blends comfort, convenience, and low-maintenance living. *Unit subject to affordable housing and resale restrictions. Income and asset limits apply. Must be owner occupied."

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$228,541
Annual Taxes$2,618
HOA Fee$223.27

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Vinyl, Carpet
BasementN

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
Foundation--
ZoningRB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
Master BedroomBathroom 2
Second
Living RoomKitchenBedroom 2Bathroom 1
First
Family Room
Living Room
Lvl Second

21 x 19

Bathroom - Half, Flooring - Vinyl

Kitchen
Lvl Second

10 x 9

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Breakfast Bar / Nook, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove

Family Room
Lvl First

9 x 15

Closet, Flooring - Wall to Wall Carpet

Master Bedroom
Lvl Third

13 x 14

Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

15 x 12

Bathroom 1
Lvl Second

6 x 6

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

6 x 9

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Rosalee Discipio

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73562824