Investment Analysis — 23 Wyola Rd

Hull, MA 02045

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02045 carries an estimated $2,220/mo in gross rent — about a 3.42% cap rate and $17,069/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

640

Style

Single Family

Built

1929

Charming 1920's Bungalow with Ocean Peeks- A Hull Gem!! Calling all investors, contractors or anyone dreaming of a summer retreat by the Sea! This classic 1920's bungalow is brimming with potential and waiting for the next chapter. Situated on a corner lot, the home offers peekaboo views of the ocean and easy access to the Bay, Nantasket Beach, and all the local charm Hull has to offer. Enjoy fun summer days exploring nearby Restaurants , boutique shops, and sandy shores. Whether you are looking to renovate, restore, or reimagine, this cottage is your canvas in one of the South Shore's most beloved beach communities!! Please note: This Home is being sold "AS IS". Bring your vision and make this your dream getaway!!

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: 320 sq ft (the lesser of 900 sq ft or half the 640 sq ft principal dwelling). Lot size: 2,840 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 MLS and other third-party data may be inaccurate or out of date.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.