
320 Russell Street Carlisle — Photo 1 of 29
$880,000
Investment Analysis — 320 Russell Street
Carlisle, MA 01741
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01741 carries an estimated $3,390/mo in gross rent — about a 2.18% cap rate and $19,217/yr in estimated NOI at the $880,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,640
Style
Single Family
Built
1968
Tucked back from a scenic road on two acres near the Concord line, this versatile home offers a flexible, open layout designed for comfortable everyday living. A thoughtfully designed family room addition opens directly to the kitchen and features a vaulted ceiling, casual dining area and access to the screened porch and rear patio. The expansive 32' x 13.5' living and dining area continues the open flow and offers exceptional flexibility for furnishing and entertaining. This upper level also includes a primary suite, two additional bedrooms and two updated bathrooms, while the lower level provides a fourth bedroom, half bath with laundry and a playroom. Recent improvements include a newer roof, central air conditioning and interior paint. Enjoy casual dining on the screened porch or relaxing nights around the firepit. The private two-acre parcel has great potential to create an expanded yard or to simply enjoy the surrounding natural setting. Conveniently located for commuters and close to the extensive trail network in Estabrook Woods, this home provides opportunity to enjoy all that this special community has to offer.
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 2,640 sq ft principal dwelling). Lot size: 87,331 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Wine Refrigerator
Neighborhood
Walk/Jog Trails • Stable(s) • Bike Path • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First32 x 13.5
Flooring - Hardwood
Kitchen
Lvl First13.5 x 13.5
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Family Room
Lvl First23 x 17
Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access
Primary Bedroom
Lvl First16.666666666 x 11.5
Bathroom - Full, Flooring - Hardwood
Bedroom 2
Lvl First11.5 x 10
Bedroom 3
Lvl First13.666666666 x 9.333333333
Flooring - Hardwood
Bedroom 4
Lvl Basement14 x 11.333333333
Listing Agent: Barrett & Comeau Group
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73584456








