56 John St Lunenburg — Photo 1 of 31
$299,000
Investment Analysis — 56 John St
Lunenburg, MA 01462
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01462 carries an estimated $3,370/mo in gross rent — about a 8.71% cap rate and $26,031/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,456
Style
Single Family
Built
1941
It’s not perfect, and we’re not pretending it is, but there’s a lot of potential here! Owned by the same family since it was built, this 3 bedroom, 1.5 bath Lunenburg home offers 1,456 sq ft and the opportunity to move in and make it your own over time. Bring some vision and sweat equity and tackle projects room by room at your own pace. Inside are generously sized bedrooms and an open front to back kitchen and dining area. Outside offers almost a half an acre of level and usable yard plus a storage shed. Convenient Lunenburg location on a quiet road just minutes from Lake Whalom and its public boat launch and Lunenburg Town Beach with access to restaurants, shopping, gas and highways . Sold AS IS. Bring your ideas and turn this house into your new home sweet home! Showings Limited | 9/10 12:45pm-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: 728 sq ft (the lesser of 900 sq ft or half the 1,456 sq ft principal dwelling). Lot size: 17,634 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: Missy Fernald
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73573626