Investment Analysis — 24 Myrtle Street

Weymouth, MA 02189

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02189 carries an estimated $3,080/mo in gross rent — about a 6.02% cap rate and $24,032/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

767

Style

Single Family

Built

1918

Welcome to 24 Myrtle Street, a beautifully updated home offering the perfect mix of modern comfort and classic charm. This inviting 3-bedroom residence has been thoughtfully refreshed from top to bottom, making it completely turn-key and move-in ready. This home is affordable and easy to maintain. For just $399,000 you can buy a home in Weymouth with a spectacular location. This home is walking distance to train station, Jackson Square, CVS, and many good restaurants and take-out. It is also a short drive to Hingham Ship Yard and Bear Cove. There is a newly renovated bathroom and brand-new kitchen appliances. There is versatile living space: three spacious, sunlit bedrooms offer plenty of flexibility for family, guest rooms, or a dedicated home office. This home is situated in a desirable Weymouth neighborhood close to local amenities, commuting routes, and community spots, this property combines modern convenience with everyday comfort. It is the ideal opportunity for buyers looking to unpack and immediately start enjoying their new home!

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: 384 sq ft (the lesser of 900 sq ft or half the 767 sq ft principal dwelling). Lot size: 3,232 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.