Active

131 Days on market

122 Parke Ave Quincy — Photo 1 of 42

Recent Drop: $100,000

$1,199,000

$1,099,000

Investment Analysis — 122 Parke Ave

Quincy, MA 02171 — Squantum

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02171 carries an estimated $3,630/mo in gross rent — about a 1.99% cap rate and $21,880/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,580

Style

Single Family

Built

1960

Location, location! Custom rebuilt in 2008, this spectacular home showcases breathtaking Boston skyline & water views. The 1st floor features a chef’s kitchen with stainless steel cabinetry, Bahia Granite, Thermador appliances, pasta spout, mahogany floors (throughout), fireplace living room, full bath, and a 3rd bedroom currently used as a media room that can easily be converted back by adding walls and a door. The 2nd floor offers a living room with stunning views, wet bar with copper inset upper cabinetry, and a luxurious primary suite with Jacuzzi tub, steam shower, heated floor & towel rack. The 3rd floor features an office nook and an outstanding roof deck with panoramic stunning views with built-in seating. A finished lower level adds flexible living space, while amenities include central A/C, one-car garage, whole-house water filtration, large three-season porch, spacious yard with patio, gas hookup for grilling, shed & so much more! Stop by Sunday"s OPEN HOUSE from 11:00 am to 12:30 pm

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 2,580 sq ft principal dwelling). Lot size: 7,609 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.