Investment Analysis — 1345 River St

Boston, MA 02136 — Hyde Park

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02136 carries an estimated $2,070/mo in gross rent — about a 2.27% cap rate and $11,933/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

6,944

Style

Single Family

Built

1899

Unique Hyde Park Opportunity – Flexible Use & Conversion Potential. A rare opportunity for an organization, or developer looking for a property with multiple possibilities. Currently used as a house of worship, the property could be well suited for a church or religious organization, daycare/community use, or could have potential for residntal use. Key Property Features: Established Hyde Park location. Currently configured and used as a house of worship. Flexible layout with potential for a variety of uses. Awesome opportunity for church or religious organization. Potential daycare/community-use opportunity. Possible potential for a redevelopment project. Opportunity for an investor/developer. Convenient access to major highways and surrounding communities. Close to shopping, dining, and business amenities. Buyer to conduct their own due diligence regarding zoning, permitted uses, development potential, and required approvals. Bring your vision to 1345 River Street and explore the possibilities this unique Hyde Park property has to offer.

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 6,944 sq ft principal dwelling). Lot size: 14,093 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.