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209 Highland Ave Quincy — Photo 1 of 41

$695,000

Investment Analysis — 209 Highland Ave

Quincy, MA 02170 — Wollaston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02170 carries an estimated $3,080/mo in gross rent — about a 3.02% cap rate and $21,017/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,337

Style

Single Family

Built

1925

Wonderful Wollaston location! Just one block from Wollaston Elementary School, a few blocks away from the Wollaston T and the home is on the 211 T bus line. This Cape has been in the same family for 48 years, since 9/29/78. It is now ready for its new owners to make it their own. The first floor has a generous sized living room with fireplace and a long window seat. The dining room takes you to the eat in kitchen and a half bath with stackable laundry. The second floor has three bedrooms, a full bath and a bonus room that was most recently used as an office. The primary bedroom has two good sized closets. Drop down attic stairs provide plenty of storage. Recently upgraded electrical and hardwired detectors. One car garage and three driveway parking spaces. Multi-level deck, fenced in back yard with flower gardens and mature flowering bushes. Large front porch is screened in and also has storm windows to protect from weather. Gas heat, hot water, dryer and stove. The granite foundation withstood the record rain fall last week with no water at all in the basement. Bring your ideas to finish this basement space.

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: 669 sq ft (the lesser of 900 sq ft or half the 1,337 sq ft principal dwelling). Lot size: 3,564 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.