360 Wood St Hopkinton — Photo 1 of 40
$725,000
Investment Analysis — 360 Wood St
Hopkinton, MA 01748
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01748 carries an estimated $3,860/mo in gross rent — about a 3.82% cap rate and $27,726/yr in estimated NOI at the $725,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,349
Style
Single Family
Built
1969
Charming 3 bedroom, 2 bath ranch set on over 2 acres of beautiful natural surroundings, offering privacy, space, and plenty of potential. Inside, the home features a spacious family room with vaulted ceilings, creating an open and inviting setting for everyday living and entertaining. The cozy sunken dining room is highlighted by a beautiful stone fireplace, adding warmth and character to the heart of the home. Three comfortable bedrooms and two full baths provide a functional single-level layout. The walkout basement features excellent ceiling height and abundant unfinished space, offering exciting possibilities for future expansion—whether you envision a recreation room, home office, gym, or additional living area. Surrounded by mature natural scenery yet conveniently located in desirable Hopkinton, 360 Wood Street offers a unique combination of privacy, character, and opportunity to make this home your own. Recent updates include renovated baths, roof, skylights, heating system, driveway, gutters and new 4 bedroom septic system being installed prior to closing.
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 2,349 sq ft principal dwelling). Lot size: 113,949 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
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl FirstSkylight, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access
Master Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Shower Stall
Listing Agent: Peter Edwards
Listing Office: Hayden Rowe Properties
MLS® Number: 73569190