
33 School St Hanover — Photo 1 of 42
$499,999
Investment Analysis — 33 School St
Hanover, MA 02339 — West Hanover
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02339 carries an estimated $2,560/mo in gross rent — about a 3.67% cap rate and $18,361/yr in estimated NOI at the $499,999 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
886
Style
Single Family
Built
1952
*This weekend's open house will be rescheduled to the following weekend 10/3 and 10/4 due to the Nor'easter!* Step inside 33 School Street and discover bright living and dining spaces, where hardwood floors, exposed wood beams and a natural wood ceiling give this 2-bedroom, 1.5-bath Hanover home distinctive character. Hardwood flooring continues throughout the main living areas and bedrooms. The adjoining kitchen features gray cabinetry, a laminate backsplash and a gas range. A first-floor half bath includes a stacked washer and dryer. Upstairs, an impressively spacious primary bedroom and a comfortable second bedroom each feature hardwood floors and its own closet. A full bathroom completes the second floor. Outside, enjoy a spacious, fully fenced backyard offering a peaceful outdoor setting with a large lawn, established landscaping, garden beds, a patio, pergola and storage shed. The unfinished, exterior-access basement provides useful storage and workshop potential. Public water, private septic and appliances are included. The Title 5 inspection was completed and passed in August 2026. Situated in a desirable Hanover location within the Hanover Public Schools district, the property offers convenient access to the recreational fields and walking paths at Forge Pond Park, the paved Hanover Branch Rail Trail, shopping and dining at Hanover Crossing, and Route 3.
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: 443 sq ft (the lesser of 900 sq ft or half the 886 sq ft principal dwelling). Lot size: 7,405 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Shopping • Walk/Jog Trails • Bike Path • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 12
Beamed Ceilings, Flooring - Hardwood
Kitchen
Lvl First8 x 8
Beamed Ceilings, Flooring - Hardwood, Cabinets - Upgraded, Gas Stove
Primary Bedroom
Lvl Second21 x 9
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 8
Bathroom 1
Lvl First6 x 8
Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl Second8 x 4
Bathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Thomas Phu
Listing Office: PRIVI Realty LLC
MLS® Number: 73580397








