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30 Cottage St Medway — Photo 1 of 30

30 Cottage St Medway — Photo 1 of 30

$489,900

Investment Analysis — 30 Cottage St

Medway, MA 02053

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02053 carries an estimated $3,390/mo in gross rent — about a 4.85% cap rate and $23,776/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

1.5

SqFt

2,134

Style

Single Family

Built

1860

Fantastic opportunity to own a 5-bedroom home in desirable Medway at an incredible price! Lovingly owned by the same family for over 70 years, this spacious home offers over 2000 square feet of living space, 1 & ½ baths, and plenty of room for everyone. Set on over half an acre, the property features a beautiful yard and two sheds providing plenty of storage. The family room was added in 1965, with the front room added in 1970, providing additional space and character. A four-year-young pellet stove offers an additional heat source and an opportunity to help offset oil heating costs. Many newer updates include the washer and dryer, stove, refrigerator, furnace, and water heater. The main portion of the roof is approximately 15–20 years old, and most windows have been replaced within the past 15 years, with the exception of windows in the additions. Bring your vision and ideas to make this home your own and unlock its full potential. With generous living space, a large lot, a desirable Medway location, and many newer updates, this home is ready for its next chapter!

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 2,134 sq ft principal dwelling). Lot size: 26,136 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.

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Property Details

Financials

Original Price$489,900
Annual Taxes$7,141

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms10
Fireplaces1
FlooringLaminate, Hardwood, Wood Laminate
BasementBulkhead

Climate & Utilities

HeatingForced Air, Oil, Pellet Stove
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningARII

Property & Lot

Acres0.6
SqFt Lot26,136
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Shopping

Geography

Listing Provided By

Listing Agent: Patricia Mclernon

Listing Office: Fathom Realty MA

MLS® Number: 73582521