255 Pleasant Street Lunenburg — Photo 1 of 25
$339,900
Investment Analysis — 255 Pleasant Street
Lunenburg, MA 01462
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01462 carries an estimated $3,370/mo in gross rent — about a 7.65% cap rate and $25,992/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,240
Style
Single Family
Built
1954
Don't miss this incredible opportunity in Lunenburg! This charming three bedroom Cape sits on a well-maintained, level lot and is full of potential, ready for it's next owner. Inside, on the first level, you’ll find an enclosed front porch perfect for morning coffee, a comfortable dining and living area, full bath, and a convenient first-floor bedroom. The second floor features 2 additional bedrooms. Classic warmth and character can be found throughout the home. Conveniently located near schools, town amenities, and major routes, this home offers small-town charm with everyday convenience, just minutes from Whalom Lake recreation area.
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: 620 sq ft (the lesser of 900 sq ft or half the 1,240 sq ft principal dwelling). Lot size: 10,019 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Refrigerator
Neighborhood
Shopping • Medical Facility • House of Worship • Private School • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile
Primary Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Listing Agent: Mary Condon
Listing Office: Foster-Healey Real Estate
MLS® Number: 73578885
