Investment Analysis — 307 Elm St

Kingston, MA 02364

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02364 carries an estimated $3,080/mo in gross rent — about a 3.40% cap rate and $21,403/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,048

Style

Single Family

Built

1996

Welcome to 307 Elm St! This inviting home is ready for you to move in and begin your next chapter. The open kitchen/ living room serves as a captivating centerpiece, featuring a cozy fireplace and high ceilings that create an expansive, airy atmosphere. Offering three comfortable bedrooms, a well-appointed full bathroom and lots of storage. Finished walk out lower level family room with bar create a great space for teens or possible in-law Apt. leading to a private patio extending the living space outdoors, offering a perfect setting for quiet mornings or entertaining guests. The generous acre lot provides ample room for outdoor activities and potential landscaping dreams and expansion. This property offers a harmonious blend of comfort and style. Conveniently located and ready for it's new family! Showings begin at Open house this weekend!

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: 524 sq ft (the lesser of 900 sq ft or half the 1,048 sq ft principal dwelling). Lot size: 46,174 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.