3 Great Acres Dr Hanover — Photo 1 of 42
$1,499,500
Investment Analysis — 3 Great Acres Dr
Hanover, MA 02339
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02339 carries an estimated $3,390/mo in gross rent — about a 0.95% cap rate and $14,204/yr in estimated NOI at the $1,499,500 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5
SqFt
5,603
Style
Single Family
Built
2008
***OPEN HOUSE on Saturady (9/18) @ 12:30 - 2:00pm*** Beautiful custom-built home offering exceptional space and versatility with 5 bedrooms, 5 bathrooms, including a luxurious primary suite, plus 3 additional flex rooms. The thoughtfully designed floor plan features an open-concept chef’s kitchen with pantry, spacious living room with gas fireplace, formal dining room, formal sitting room, and a generous first-floor study. The second level showcases a stunning primary suite with marble flooring, jetted tub, and tiled shower. The third floor offers two bonus rooms and a full bath, ideal for guests, home offices, or recreation. The walk-out lower level includes a private one-bedroom in-law suite complete with its own kitchen, living/dining area, full bath, laundry, and separate exterior entrance. Four cooling zones provide efficient comfort throughout. Car enthusiasts will love the attached four-car garage plus a detached garage with attic storage. Situated on a private 39,662 sq. ft. cul-de-sac lot. Expansive backyard, deck, and patio.
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 5,603 sq ft principal dwelling). Lot size: 39,662 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
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Interior Specifications
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Amenities & Appliances
Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer • Washer/Dryer • Cooktop
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Shopping • Park • Walk/Jog Trails • Conservation Area • Public School
Geography
Listing Agent: The Vici Group
Listing Office: Shore Real Estate LLC
MLS® Number: 73551196
