Investment Analysis — 919 Chase Rd

Lunenburg, MA 01462

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01462 carries an estimated $3,950/mo in gross rent — about a 5.00% cap rate and $28,474/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,126

Style

Single Family

Built

1939

Two separate living spaces on 1.86 acres across two lots. The main house offers hardwood floors, fresh interior paint, a wood stove and a 2023 composite enclosed porch with new screens overlooking the yard. The in-law suite has its own full kitchen, full bath and laundry, with updated plumbing and appliances, plus its own driveway and heating zone. Use it as an in-law suite, a guest suite or a home office. Three heating zones, parking for 12, and a second 1.09-acre lot (925 Chase Rd) included in the sale. Private well and septic; seller to complete Title V inspection prior to closing. Buyer to perform due diligence with the Town of Lunenburg on room use and the second lot.

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 3,126 sq ft principal dwelling). Lot size: 81,021 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 MLS and other third-party data may be inaccurate or out of date.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.