Investment Analysis — 23 Russell Mills Rd

Plymouth, MA 02360 — South Plymouth

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 5-bedroom in 02360 carries an estimated $3,390/mo in gross rent — about a 1.13% cap rate and $16,116/yr in estimated NOI at the $1,419,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,838

Style

Single Family

Built

1920

Opportunity to own a spacious Cape Cod-style home situated on an impressive 18.3-acre lot in Plymouth. Offering approximately 3,838 sq. ft. of living area, this property features 10 rooms, 5 bedrooms, 3 full baths, 2 half baths, 4 fireplaces and a 2-car attached garage. The home offers two levels of living space plus a full basement. The expansive acreage provides privacy and tremendous potential for buyers seeking substantial acreage and living space in Plymouth. Property is occupied. Please do not disturb occupants or approach the property. Property is being sold as-is. Buyer and buyer's agent to perform their own due diligence and verify all information.

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 3,838 sq ft principal dwelling). Lot size: 797,109 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 MLS and other third-party data may be inaccurate or out of date.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.