87 Squannacook Rd Shirley — Photo 1 of 27
$485,000
Investment Analysis — 87 Squannacook Rd
Shirley, MA 01464
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01464 carries an estimated $3,080/mo in gross rent — about a 4.69% cap rate and $22,767/yr in estimated NOI at the $485,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,944
Style
Single Family
Built
1985
Offering the ease of single-level living plus a finished walkout lower level, this 3 BDRM, 1.5 BA Ranch is set on just under an acre. The main level features a spacious living room w/ hardwood floors, skylight & brick fireplace, along w/ an eat-in kitchen and laundry room. The primary BDRM offers direct access to the expansive rear deck overlooking the yard w/ private ensuite. Downstairs, the finished walkout basement adds valuable flexibility w/ a great room, office & private rear entrance. Hardwood, tile, vinyl & carpet flooring are found throughout. Outside offers plenty of yard space, a storage shed & expansive deck spanning the rear of the home. With flexible finished space across 2 levels, outdoor areas to enjoy & a setting just under an acre, this home offers plenty of opportunity to make it your own. A versatile layout, finished lower level & expansive outdoor space create a home w/ room to live, work, relax & make your own. Showings start right away!
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 1,944 sq ft principal dwelling). Lot size: 40,075 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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Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Washer • Dryer • ENERGY STAR Qualified Refrigerator • Plumbed For Ice Maker
Geography
Listing Agent: Blood Team
Listing Office: Keller Williams Realty - Merrimack
MLS® Number: 73574214