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43 Smiths Lane Kingston — Photo 1 of 42

$714,900

Investment Analysis — 43 Smiths Lane

Kingston, MA 02364

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02364 carries an estimated $3,390/mo in gross rent — about a 3.32% cap rate and $23,725/yr in estimated NOI at the $714,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,384

Style

Single Family

Built

1925

Beautifully updated Colonial on 1.24 acres with mixed use Zoning and Bonus Outbuilding. Kingston's most convenient locations, minutes to Gray’s beach, playground, pickleball courts, farmers market May-Oct., Plymouth waterfront, Colony Place Shops, Commuter rail and Route 3. This property offers the perfect blend of classic New England character, modern updates, and exceptional flexibility thanks to its Residential & Commercial zoning. The home features a warm and inviting layout with refinished hardwood floors, a bright living room and an updated kitchen with modern finishes, first floor laundry. Upstairs, you'll find three well-proportioned bedrooms with great natural light. Basement, partially finished for playroom/extra space. Outside, the property shines with a brand-new deck and outdoor seating area, fire pit, detached garage, expansive private back yard, and a separate outbuilding ideal for a workshop, studio, storage, or business use. The acreage provides private room to expand, and endless potential for personal or commercial needs. this property offers convenience, space, and unique zoning opportunities rarely found at this price point. A standout opportunity for homeowners, hobbyists, and small business owners alike.

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 2,384 sq ft principal dwelling). Lot size: 54,014 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.