
55 Pine Hill Rd Ashland — Photo 1 of 33
$599,900
Investment Analysis — 55 Pine Hill Rd
Ashland, MA 01721
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01721 carries an estimated $3,920/mo in gross rent — about a 4.74% cap rate and $28,424/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,254
Style
Single Family
Built
1950
This expanded ranch style home is located in an awesome cul-de-sac neighborhood in a wicked convenient location! Short walk to downtown, the library, farmer's market, restaurants, and more! You like a little nature?? How about 600 plus acres of the Ashland Town Forest right up the street with beautiful walking trails! Or Mill Pond Park just down the street! All this and just minutes to the commuter train station, highway access, and The Ashland and Hopkinton State Parks! The current owner has lovingly maintained this home over the last 52 years and is ready to pass it onto the next person or family to make their own wonderful memories like his family did! The main floor has a spacious kitchen that is wide open to the dining room with a fireplace and big picture window overlooking a nicely landscaped front yard. The family room has wood beam cathedral ceilings and a skylight with a slider that leads to a covered deck! Enjoy the character of the wide pine floors and warm up next to the wood burning stove. Down the hall there are three bedrooms, all with hardwood floors, and a full bath. Lots of extra space in the walk-out basement for future expansion or just use it as storage space and a workshop! My favorite part of the property is the huge two car detached garage with plenty of space for shelving and storage! Central air, town water and sewer, natural gas, vinyl siding, and lots of good positive energy! A truly great home at this price point so don't drag your feet and come and see it!
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: 627 sq ft (the lesser of 900 sq ft or half the 1,254 sq ft principal dwelling). Lot size: 16,310 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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Listing Agent: Craig Morrison
Listing Office: Realty Executives Boston West
MLS® Number: 73574802