797 Boston Rd Groton — Photo 1 of 28
$825,000
Investment Analysis — 797 Boston Rd
Groton, MA 01450 — East Groton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01450 carries an estimated $2,040/mo in gross rent — about a 1.82% cap rate and $15,047/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.
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Prime Development Opportunity for investors and developers. This strategically located parcel offers tremendous potential in a high visibility, mixed use corridor. Zoned RA, the site allows a variety of development options by right or special permit, including religious, childcare, adult care, single-family, multifamily, and other community oriented uses. The Planning Board has recently approved a Special Permit for the construction of 24 age restricted multifamily units, demonstrating the site’s readiness for immediate development and the town’s openness to smart growth. Positioned at a signaled intersection adjacent to a supermarket and other neighboring businesses, this location benefits from strong daily traffic counts and excellent visibility. Located directly on Route 119/225, just minutes from I-495 and Route 2, this property offers fantastic accessibility.
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 MLS and other third-party data may be inaccurate or out of date.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
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Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
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Listing Agent: The Fredette Group
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73453476