83 Bay St Hull — Photo 1 of 7
$499,900
Investment Analysis — 83 Bay St
Hull, MA 02045
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02045 carries an estimated $3,170/mo in gross rent — about a 4.98% cap rate and $24,903/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
819
Style
Single Family
Built
1905
NEW LISTING! Waterfront opportunity with sweeping bay and ocean views. This classic three-bedroom, one-bath bungalow offers a wonderful coastal setting with breathtaking views toward World’s End and spectacular sunsets. The home features a charming wraparound porch, perfect for enjoying the waterfront surroundings. A great opportunity for builders, contractors, and investors, with potential to renovate and create a beautiful waterfront retreat or investment property. Ideally located within walking distance to the beach, restaurants, shops, and local amenities. A rare chance to own a waterfront property in a desirable coastal location.
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: 410 sq ft (the lesser of 900 sq ft or half the 819 sq ft principal dwelling). Lot size: 3,820 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Coleen Polillio
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73575681