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3 Days on market
85 Wallace Hill Townsend — Photo 1 of 23

85 Wallace Hill Townsend — Photo 1 of 23

$599,000

Investment Analysis — 85 Wallace Hill

Townsend, MA 01469

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01469 carries an estimated $3,390/mo in gross rent — about a 4.12% cap rate and $24,695/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

1.5

SqFt

2,223

Style

Single Family

Built

1875

Charming Farmhouse with Pool, Barn & Carriage House on Nearly 2 Acres. Come home to the charm, character, and incredible potential of this beautiful 4-bedroom, 2-bathroom farmhouse, privately set on just under 2 acres of level, picturesque land.The expansive property offers the space and flexibility you’ve been looking for — whether you dream of having a large garden, raising chickens, creating a private outdoor retreat, or simply enjoying plenty of room to spread out. A fenced-in, inground pool provides the perfect place to relax and cool off on warm summer days.The property also features a barn and impressive 3-car garage/carriage house, offering endless possibilities for additional storage, hobbies, a home office, workshop, artist studio, or creative space.Inside, the home offers generous living space and classic farmhouse appeal. The first-floor eat-in kitchen flows naturally into a welcoming living room featuring a working fireplace. Glass doors open directly to a beautiful farmer’s porch, creating an inviting connection between the indoor and outdoor living spaces.Upstairs, two stairwells provide convenient access to the second floor, where you’ll find four bedrooms, a full bathroom, and an additional spacious office — ideal for today’s work-from-home lifestyle.With its combination of privacy, usable land, outdoor amenities, outbuildings, and abundant living space, this property offers both the functionality needed for modern living and the opportunity to create something truly special. Come experience all that this unique farmhouse has to offer — and discover its incredible potential before it’s gone!

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 2,223 sq ft principal dwelling). Lot size: 73,181 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.

Open Houses

Property Details

Financials

Original Price$599,000
Annual Taxes$6,222

Parking

Garage5
Off-Street8

Interior Specifications

Total Rooms5
Fireplaces1
Flooring--
BasementBulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air
CoolingWindow Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningRB2

Property & Lot

Acres1.68
SqFt Lot73,181
Lot FeaturesCorner Lot, Wooded, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Listing Provided By

Listing Agent: Mark Krasnyansky

Listing Office: eXp Realty LLC

MLS® Number: 73573994