42 Flash Rd Nahant — Photo 1 of 41
Recent Drop: $51,000
$799,000
Investment Analysis — 42 Flash Rd
Nahant, MA 01908
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01908 carries an estimated $3,110/mo in gross rent — about a 2.75% cap rate and $21,934/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,431
Style
Single Family
Built
1890
Welcome home to a classic 1890 Antique Colonial in "Big" Nahant. The wraparound porch gives it that quintessential New England presence, set behind mature shade trees and a brick front walk. Inside, the home offers 1,784 square feet of living space across three levels, three bedrooms, one bath, and six total rooms, with a finished lower level for extra living space. A spacious one-car garage on a 7,362-square-foot lot. Enjoy the lifestyle and coastal charm in Nahant—New England's best-kept secret, just 14 miles from Boston and minutes from Logan Airport. Nestled on a rocky peninsula northeast of the city, this town has a rare, almost island-like atmosphere. Its laid-back community and classic New England charm blend natural beauty with city convenience, all within easy reach of the airport and downtown. Every home has a story and this much beloved house, in the same family for over 50 years, is waiting for it's next chapter! There is space on the lot to add additional parking-see photo
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: 716 sq ft (the lesser of 900 sq ft or half the 1,431 sq ft principal dwelling). Lot size: 7,362 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
Range • Dishwasher • Disposal • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondProperty History
$799,000
Was $850,000
Aug 22, 2026
MLS® 73551163
$850,000
Jul 16, 2026
MLS® 73551163
Listing Agent: Linda Hayes
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73551163