
165 Forest Street Hamilton — Photo 1 of 38
$849,900
Investment Analysis — 165 Forest Street
Hamilton, MA 01982 — South Hamilton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01982 carries an estimated $3,080/mo in gross rent — about a 2.00% cap rate and $17,022/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,200
Style
Single Family
Built
1975
Some homes are renovated. This one has been reimagined. Extensively updated in 2018, 165 Forest Street offers over 2,000 sq. ft. of beautifully finished living space across two thoughtfully designed levels. This light-filled 3-bedroom, 2-bath South Hamilton home stands out with hardwood and LVP flooring, custom cabinetry and woodwork, raised-panel detailing, wainscoting, crown molding, and two custom fireplaces. The open main living space flows into a beautifully appointed kitchen featuring white and gray granite, a marble-shard backsplash, custom cabinetry, Samsung appliances, and direct access to the deck. Two generous bedrooms and a full bath complete the main level.Downstairs, the finished walk-out lower level feels like a true extension of the home, offering a spacious third bedroom, full bath with oversized walk-in shower, family room with second fireplace, dedicated office, laundry, and mudroom with backyard access. Mini-splits, a Viessmann boiler with SuperStor, energy-efficient insulation, whole-house Generac generator, attached garage, composite deck, patio, Reeds Ferry shed, landscaped yard, and ample parking add serious substance behind the style. Just a short walk to Chebacco Lake and its kayak/canoe launch, with convenient access to trails, commuter rail, restaurants, shopping, and the community pool. Distinctive, extensively updated, and effortlessly livable, 165 Forest Street is the rare home where style meets substance—and every detail has already been taken care of. All that’s left is to move in.
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 2,200 sq ft principal dwelling). Lot size: 10,302 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer
Neighborhood
Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,SecondFlooring - Hardwood, Chair Rail, Recessed Lighting, Remodeled, Wainscoting, Crown Molding
Dining Room
Lvl SecondFlooring - Hardwood, Balcony / Deck, Chair Rail, Exterior Access, Recessed Lighting, Remodeled, Slider, Wainscoting
Kitchen
Lvl Main,SecondCloset/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Open Floorplan, Slider, Stainless Steel Appliances
Office
Lvl FirstFlooring - Vinyl, Chair Rail, Recessed Lighting, Remodeled, Wainscoting
Family Room
Lvl FirstFlooring - Vinyl, Chair Rail, Exterior Access, Recessed Lighting, Remodeled, Wainscoting
Primary Bedroom
Lvl Main,SecondCloset, Flooring - Hardwood, Chair Rail, Wainscoting, Crown Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstCloset, Flooring - Vinyl, Chair Rail, Recessed Lighting, Remodeled, Wainscoting
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet, Closet/Cabinets - Custom Built, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - 3/4, Bathroom - With Shower Stall, Closet, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Remodeled, Washer Hookup
Listing Agent: Jaclyn Wells
Listing Office: Steve Bremis Realty Group
MLS® Number: 73578136

