Back to Search
Active
5 Days on market
55 King Street Groveland — Photo 1 of 42

55 King Street Groveland — Photo 1 of 42

$1,100,000

Investment Analysis — 55 King Street

Groveland, MA 01834

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 6-bedroom in 01834 carries an estimated $2,770/mo in gross rent — about a 1.05% cap rate and $11,520/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3.5

SqFt

3,213

Style

Single Family

Built

1968

This may be the Home You’ve Been Dreaming Of~~It's one of those special homes that makes you slow down as you pass by just to admire it.~~ Lovingly occupied by the same owner for 62 years and thoughtfully enhanced over the years, this exceptional property blends timeless character with modern comforts. Featuring 6 bedrooms, including two primary suites, the home offers exceptional space and flexibility for your family and extended family. The recently constructed first-floor primary suite is a true retreat, complete with a gas fireplace, beautiful custom moldings, a stunning private bathroom with spacious, custom walk-in closet. The first floor also features a welcoming mudroom, sunken living room with fireplace, beautifully remodeled kitchen, dining room, and bright, inviting sunroom—perfect for enjoying the professionally landscaped grounds. Upstairs, you’ll find a second primary bedroom with an attached full bathroom, four additional bedrooms, and another full bathroom, providing plenty of room for family, guests, or a home office. The partially finished basement, complete with its own fireplace, offers additional living space and is ideal for a playroom, recreation area, or gathering space. And for the TENNIS enthusiast, the backyard is truly extraordinary. Step outside to your own private, fenced-in clay tennis court, meticulously maintained and ready for play. Beautifully landscaped grounds, a two-car attached garage, and a circular driveway complete this remarkable property. A home with this combination of character, space, amenities, and setting rarely comes along.~First showing will be held at the Open House: Saturday, 12:00–2:00 PM and Sunday, 11:00 AM–12:30 PM.

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 3,213 sq ft principal dwelling). Lot size: 65,340 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

Original Price$1,100,000
Annual Taxes$13,742

Parking

Garage2
Off-Street7

Interior Specifications

Total Rooms10
Fireplaces3
FlooringTile, Laminate, Hardwood, Stone / Slate, Brick, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump

Climate & Utilities

HeatingBaseboard, Natural Gas, Electric, Ductless
CoolingWindow Unit(s), Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres1.5
SqFt Lot65,340
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bedroom 5
First
Living RoomDining RoomKitchenBathroom 1
Main,First
Primary Bedroom
Main,Second
Bathroom 2
Unknown
Bathroom 3
Living Room
Lvl First

Beamed Ceilings, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Sunken

Dining Room
Lvl First

Beamed Ceilings, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Wine Chiller

Kitchen
Lvl First

Skylight, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Pot Filler Faucet, Gas Stove

Primary Bedroom
Lvl Main,First

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Remodeled, Decorative Molding, Pocket Door

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bedroom 4
Lvl Second

Flooring - Hardwood

Bedroom 5
Lvl Second

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Main,Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, French Doors

Bathroom 3
Lvl null

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting

Listing Provided By

Listing Agent: Dena Dehullu

Listing Office: Realty One Group Nest

MLS® Number: 73584669