
342 Woodland Drive Hanover — Photo 1 of 27
$749,000
Investment Analysis — 342 Woodland Drive
Hanover, MA 02339
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02339 carries an estimated $3,080/mo in gross rent — about a 2.73% cap rate and $20,418/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,819
Style
Single Family
Built
1960
Welcome to 342 Woodland Drive, where comfortable living, flexible space and an incredibly convenient Hanover location come together! Set on a generous corner lot in an established neighborhood, this well-cared-for raised ranch offers an easy-flowing floor plan with plenty of room to make it your own. Step inside to a bright living room with hardwood floors and a fireplace, open to the dining area and kitchen with peninsula seating. Sliding doors lead directly to the back deck overlooking a spacious fenced yard framed by mature trees—a great spot to play, garden, entertain or simply enjoy the outdoors. Down the hall, you’ll find three bedrooms with hardwood floors and a full bath. Downstairs, the finished lower level adds valuable living space with plenty of flexibility for a family room, guest space, home office, gym or playroom, plus a second full bath and direct access to the attached 1-car garage. Central air adds year-round comfort. All this, and a convenient neighborhood location that puts so much of what Hanover and the South Shore have to offer right at your doorstep. Hanover Crossing—with its wide variety of shops, restaurants and entertainment venues—is just moments away, along with additional shopping and dining along Route 53 and easy access to the highway. Whether you’re grabbing dinner or checking off the day’s errands, so much of what you need is close to home. A fantastic opportunity to make Hanover 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: 900 sq ft (the lesser of 900 sq ft or half the 1,819 sq ft principal dwelling). Lot size: 30,056 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
Neighborhood
Shopping • Park • Medical Facility • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 14
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl First10 x 9
Flooring - Hardwood, Balcony / Deck, Slider
Kitchen
Lvl First12 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Peninsula
Primary Bedroom
Lvl First10 x 14
Ceiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl First13 x 9
Bedroom 3
Lvl First9 x 10
Ceiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl First7 x 7
Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl Basement9 x 5
Bathroom - With Shower Stall
Listing Agent: Lindsay Conlon
Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office
MLS® Number: 73585187








