4 Mulberry Street Groveland — Photo 1 of 42
$789,000
Investment Analysis — 4 Mulberry Street
Groveland, MA 01834
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01834 carries an estimated $2,510/mo in gross rent — about a 1.65% cap rate and $13,031/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,160
Style
Single Family
Built
1995
Classic Colonial, generous acreage, and a setting that feels like home. Tucked away from the street at the end of a long private drive, 4 Mulberry Street is beautifully set on 1.6 acres in Groveland. Offering 2,160 square feet with 3 bedrooms and 2.5 baths, the home features a comfortable, well-proportioned floor plan with plenty of room to live and gather. Brazilian hardwood floors bring warmth and character to the living room, while the sunroom offers an inviting place to enjoy the surrounding property throughout the seasons. Upstairs, a spacious primary suite features a walk-in closet and en-suite bath with a soaking tub and double vanities, creating a comfortable retreat. Outside, the expansive yard and multiple outbuildings offer flexible space for storage, gardening, hobbies and outdoor gear. With classic New England character, privacy, and plenty of space both inside and out, this well-loved home is ready for its next chapter. Offer deadline Tuesday, September 1st at 2PM.
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 2,160 sq ft principal dwelling). Lot size: 69,696 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.
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Interior Specifications
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Building & Exterior
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Amenities & Appliances
Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Listing Agent: Caitlin Hodson
Listing Office: Real Broker MA, LLC
MLS® Number: 73569342