Investment Analysis — 681 Washington St

Pembroke, MA 02359

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02359 carries an estimated $3,530/mo in gross rent — about a 2.61% cap rate and $23,494/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,046

Style

Single Family

Built

1729

Rare 2.77-acre property offering flexible commercial and residential development potential in a highly visible location on State Routes 53 and 14, between two established commercial hubs. The property includes an existing 2,046-square-foot antique home with an attached two-bay garage and office. Explore commercial development or the potential subdivision of one additional residential lot—or simply enjoy this lovely antique home and its expansive grounds as a private estate, homestead or hobby farm. Buyer and buyer’s agent are solely responsible for all due diligence, including zoning, permitted uses, subdivision potential, frontage, access, utilities, wetlands, site conditions and development feasibility.

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 2,046 sq ft principal dwelling). Lot size: 120,926 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 MLS and other third-party data may be inaccurate or out of date.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.