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96 Old Essex Rd Manchester — Photo 1 of 34

96 Old Essex Rd Manchester — Photo 1 of 34

$1,290,000

Investment Analysis — 96 Old Essex Rd

Manchester, MA 01944

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01944 carries an estimated $3,520/mo in gross rent — about a 1.91% cap rate and $24,674/yr in estimated NOI at the $1,290,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,200

Style

Single Family

Built

1954

Beautifully renovated 4 bedroom expanded ranch on quiet dead-end road with new kitchen (quartz and stainless), large island, 2 full bathrooms, new hardwood floors, 600sf addition, minisplit for heat and a/c, large private lot with patio, plantings, garden area, gazebo, large flat upper yard, shed, Generac backup generator, lots of closet space and storage, 5 off-street parking spots. New roof, new hot water heater. Perfect for families of all sizes, entertaining, exploring... Walk to town, train and Singing beach. Enjoy all that Manchester-by-the-sea has to offer! Private showings can be scheduled with the list agent.

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 2,200 sq ft principal dwelling). Lot size: 60,078 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,290,000
Annual Taxes$7,428

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood
BasementCrawl Space, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas, Air Source Heat Pumps (ASHP)
CoolingAir Source Heat Pumps (ASHP)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningB

Property & Lot

Acres1.38
SqFt Lot60,078
Lot FeaturesOther

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Plumbed For Ice Maker

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bedroom 4
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Listing Provided By

Listing Agent: Timothy Collins

Listing Office: Boston Metropolitan Realty

MLS® Number: 73571571