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85 Pine St Swampscott — Photo 1 of 38

$640,000

Investment Analysis — 85 Pine St

Swampscott, MA 01907

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01907 carries an estimated $4,090/mo in gross rent — about a 4.62% cap rate and $29,563/yr in estimated NOI at the $640,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,691

Style

Single Family

Built

1880

Diamond in the rough! Make this property shine again! Priced under assessed value and a great fit for an owner occupant ready to move in and earn your sweat equity along the way, or investors and rehabbers looking for a quick cosmetic project! Spacious and open floor plan, great for entertaining inside and out. High ceilings, hardwood floors, finished basement with ADU potential, utilities in place for second unit. Basement level would easily serve as a one bed apartment, or extended living space. Additionally a beautiful gunite pool and pebble finished patio, tested and functioning as it should, multiple small storage sheds for plus a pool house with a resort-style bar, fridge and changing room. Half block to the T, half mile to the beach, and an oasis in your own back yard, don't miss this opportunity!

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: 846 sq ft (the lesser of 900 sq ft or half the 1,691 sq ft principal dwelling). Lot size: 6,377 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.