Investment Analysis — 1 Birchwood Terrace

Groveland, MA 01834

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01834 carries an estimated $2,770/mo in gross rent — about a 2.21% cap rate and $16,580/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,904

Style

Single Family

Built

1960

Welcome to this pristine 4 bedroom, 1 3/4 bathroom ranch style home located in the desirable town of Groveland. One level living and an open concept make this property uniquely suited for almost any buyers. Entering the home, you will find a double-sided gas fireplace which defines the sitting area and the living room complete with hardwood floors and recessed lighting. To the left of the living room is the spacious kitchen, complete with ample birch cabinets, a built-in pantry, and stainless steel appliances. The 4 bedrooms boast hardwood floors throughout and all but one have ceiling fans. The main bedroom includes a convenient 3/4 bathroom. Off a lovely dining room with hardwood floors and additional recessed lighting on the rear of the home is a spacious three-season porch. The porch leads to a well-manicured yard including a charming patio and a well-maintained above-ground pool, ideal for entertaining. The full basement has great head-height and provides ample storage. An oversized 2 car garage offers additional storage and the expansive driveway is suitable for at least 8 vehicles. Don't let this move-in ready home pass you by!

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 1,904 sq ft principal dwelling). Lot size: 16,200 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.