Investment Analysis — 68 Grover St

Everett, MA 02149

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02149 carries an estimated $3,310/mo in gross rent — about a 4.20% cap rate and $23,091/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

924

Style

Single Family

Built

1927

Fully renovated in 2019, this single family home delivers 3 bedrooms, 2 full baths, and a truly move in ready package. Nearly 1,000 square feet of updated living space is spread across two floors. The first floor features a beautiful kitchen with granite counters, white shaker cabinets, and stainless steel appliances, along with a bright front facing living room. It also includes a large primary bedroom and bathroom that was thoughtfully remodeled in 2023 with a spa like standing shower and a built-in closet. Enter through the front mudroom or the rear foyer, both of which make great drop zones for shoes, bags, and coats. Upstairs, two spacious bedrooms share a full bath with ample closet storage. The showstopper is the private, fenced in backyard, perfectly cared for and curated for outdoor dining, gardening, and relaxing. A one car garage and 2+ car driveway add real everyday convenience. The unfinished basement offers ample storage, a washer and dryer, and direct access to the backyard. Set on a sidewalk lined street close to playgrounds, parks, coffee shops, and restaurants, with easy access to public transportation and major highways. Come enjoy your new home in one of Everett's most sought after neighborhoods.

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: 462 sq ft (the lesser of 900 sq ft or half the 924 sq ft principal dwelling). Lot size: 4,051 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.