347 Pine Rd Otis — Photo 1 of 38
Recent Drop: $125,000
$1,450,000
Investment Analysis — 347 Pine Rd
Otis, MA 01253
Based on HUD Small Area Fair Market Rent for Berkshire County, MA (part) HUD Metro FMR Area, a 3-bedroom in 01253 carries an estimated $2,120/mo in gross rent — about a 1.12% cap rate and $16,171/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,348
Style
Single Family
Built
1935
Discover an extraordinary lakefront opportunity on Otis Reservoir featuring a combination of amenities rarely found in a single package. Combined with the lower lot, enjoy 62 feet of direct waterfront, a super rare grandfathered boathouse dock with electricity and electric lift, a waterfront bathhouse with living room, heated garage, dedicated hot tub room with fireplace, and a floor plan designed to capture stunning lake views from nearly every room. Perfect for entertaining, the home offers a spacious updated kitchen, multiple living areas, separate driveways with ample off-street parking, and two storage sheds for all your lake and seasonal gear. Extensively remodeled in 2021 with new heating and cooling systems, on-demand hot water, and a beautiful kitchen featuring stacked cabinetry, full-slab quartz countertop island, stainless steel appliances, and a gas range. The walk out basement provides easy access to the outside as well. Sold fully furnished and ready to enjoy from day one
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 2,348 sq ft principal dwelling). Lot size: 12,635 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
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Wood
Kitchen
Lvl FirstFlooring - Wood
Master Bedroom
Lvl FirstFlooring - Wood
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondWalk-In Closet(s), Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Vinyl
Bathroom 3
Lvl BasementBathroom - Half, Flooring - Vinyl
Property History
$1,450,000
Was $1,575,000
Jul 8, 2026
MLS® 73527324
$1,575,000
May 31, 2026
MLS® 73527324
Listing Agent: Adam Rovithis
Listing Office: Real Broker MA, LLC
MLS® Number: 73527324