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127 Pleasant St Lunenburg — Photo 1 of 26

127 Pleasant St Lunenburg — Photo 1 of 26

$389,000

Investment Analysis — 127 Pleasant St

Lunenburg, MA 01462

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01462 carries an estimated $3,370/mo in gross rent — about a 6.64% cap rate and $25,826/yr in estimated NOI at the $389,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,245

Style

Single Family

Built

1950

Three bedroom home in desirable Lunenburg for less than 400k set in a quiet area with conservation land and trails across the street. Home is in need of some interior and exterior cosmetics but with a little effort the equity can soar in this home. All the big ticket items have been dealt with in the last couple of years such as new plumbing, new roof with solar, new heating system, new 3 bedroom septic system, new kitchen cabinets and appliances, and new insulation through out the attic. Come make this home your own and become part of the Lunenburg community.

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: 623 sq ft (the lesser of 900 sq ft or half the 1,245 sq ft principal dwelling). Lot size: 10,019 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 MLS and other third-party data may be inaccurate or out of date.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$389,000
Annual Taxes$4,908

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Garage Access, Sump Pump, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR

Property & Lot

Acres0.23
SqFt Lot10,019
Lot FeaturesCleared

Amenities & Appliances

Gas Water Heater • Range • Microwave • Refrigerator

Neighborhood

Shopping • Walk/Jog Trails • Conservation Area

Geography

Listing Provided By

Listing Agent: Kevin Boulay

Listing Office: Keller Williams Realty North Central

MLS® Number: 73580074