231 Thompson Street Halifax — Photo 1 of 40
$650,000
Investment Analysis — 231 Thompson Street
Halifax, MA 02338
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02338 carries an estimated $3,080/mo in gross rent — about a 3.17% cap rate and $20,594/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,536
Style
Single Family
Built
1997
Welcome Home to 231 Thompson Street, Halifax, this single-family residence offers a meticulously designed living area. This property provides a compelling opportunity for discerning individuals seeking a refined living experience within a substantial private setting. The residence encompasses three well-proportioned bedrooms, each designed to provide comfort and privacy. Complementing these are two full bathrooms, offering contemporary functionality and convenience for residents and guests alike. For entertaining there is a bar located on the lower level, leading to a large room and a sliding door leading into your back yard. Nice two-car garage, providing secure parking and additional storage solutions. The expansive 40,500 square foot lot offers considerable potential for outdoor recreation and landscaping enhancements. New Roof as of September 2026, Newer Heating system within the last five years, Well has had updates in the last five years: And Septic system had work completed within the last three months. To truly appreciate the sophisticated design, make an appointment today.
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 40,500 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.6 x 15
Cathedral Ceiling(s)
Dining Room
Lvl First12 x 7.1
Kitchen
Lvl First12 x 9.3
Flooring - Laminate, Countertops - Stone/Granite/Solid, Kitchen Island
Primary Bedroom
Lvl First17.5 x 15.5
Bathroom - Half, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First13.1 x 12.4
Bedroom 3
Lvl First12.4 x 11.4
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom 2
Lvl FirstListing Agent: Chris L. Gibson
Listing Office: Gibson Associates Realty, LLC
MLS® Number: 73545986
