Active
2 Days on market
7 Balsam Dr Townsend — Photo 1 of 29

7 Balsam Dr Townsend — Photo 1 of 29

$589,900

Investment Analysis — 7 Balsam Dr

Townsend, MA 01469

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01469 carries an estimated $3,080/mo in gross rent — about a 3.64% cap rate and $21,494/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,260

Style

Single Family

Built

1974

Welcome home to Timberlee Park! This spacious split-level offers over 2,200 sq. ft. of living space on a private half-acre lot, with a layout that checks every box. Step outside to an expanded rear deck overlooking your fenced, in-ground heated Gunite pool, plus ample additional yard space for entertaining or gardening. Inside, a fireplaced living room sets the tone, flowing into a kitchen with stainless-steel appliances and a dining area. A tiled sunroom with a picture window framing the wooded backyard offers direct deck access — the perfect spot to unwind. Three generous bedrooms and 2.5 baths provide abundant closet space throughout. The primary suite is a true retreat, featuring a private bath, sitting area, and its own access to the deck and pool. The lower level adds a spacious family room or potential 4th bedroom, with direct entry to the three-car garage. Additional highlights include central air, a 2021 roof and exterior paint, and numerous updates throughout — move-in ready and waiting for you!

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 2,260 sq ft principal dwelling). Lot size: 22,229 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$589,900
Annual Taxes$6,596

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms8
Fireplaces2
FlooringTile, Carpet, Laminate
BasementFinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRA3

Property & Lot

Acres0.51
SqFt Lot22,229
Lot FeaturesWooded

Amenities & Appliances

Gas Water Heater • Dishwasher • Trash Compactor • Microwave • Refrigerator • Washer • Dryer

Geography

Property History

Listed
$589,900

Sep 10, 2026

MLS® 73575452

Terminated
$579,900

May 6, 2026

MLS® 73483346

Listed
$579,900

Mar 5, 2026

MLS® 73483346

Listing Provided By

Listing Agent: Philip Elias

Listing Office: Elias Group Realty

MLS® Number: 73575452