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35 Old Shipyard Lane Hanover — Photo 1 of 39

35 Old Shipyard Lane Hanover — Photo 1 of 39

$1,999,500

Investment Analysis — 35 Old Shipyard Lane

Hanover, MA 02339 — Hanover Four Corners

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 0.55% cap rate and $11,013/yr in estimated NOI at the $1,999,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4

SqFt

4,705

Style

Single Family

Built

2004

35 Old Shipyard Lane offers a unique lifestyle immersed in natural beauty with private deeded access to the North River where you can relax at the riverbank or enjoy an outing in your kayak, canoe or inflatable. Set at the end of a peaceful cul-de-sac, this beautifully updated and meticulously maintained modern 5-bedroom 4-full bath Colonial showcases exceptional craftsmanship, and spectacular indoor-outdoor living. The elegant main level features a 'heart of the home' stainless chef's kitchen, formal dining room, private office, and a dramatic light filled large family room with vaulted ceiling and striking custom wood burning fireplace. French doors open to a beautifully landscaped bluestone patio with a custom hand laid natural stone gas fireplace, designed to be the focal point of this exceptional outdoor entertainment setting. A sought-after first floor bedroom has a shared full bath and offers flexible guest accommodations. The second story boasts a primary suite with a new spa-inspired bath, complemented by three additional bedrooms, full bath and spacious laundry. The expansive third floor offers yet another full bath, large open living space and seasonal river views and is perfect as a guest retreat, gym, office or media room. Additionally, the 3-car garage, huge dry basement, abundant storage, artesian well irrigation, invisible pet fence, and location outside the flood zone add convenience and peace of mind. Ideally located near historic Hanover Four Corners, this prime location offers quick access to major commuter routes, shopping, dining, fitness, and conservation areas. This is an exceptional opportunity to enjoy sophisticated modern living surrounded by timeless beauty at the site of the iconic and historic shipbuilding yards on the North River, our only MA state scenic protected river. Welcome to this spectacular home.

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 4,705 sq ft principal dwelling). Lot size: 30,108 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

Original Price$1,999,500
Annual Taxes$19,904.3

Parking

Garage3
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Baseboard, Oil
CoolingCentral Air
WaterPublic, Other
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.69
SqFt Lot30,108
Lot FeaturesCul-De-Sac, Gentle Sloping

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Walk/Jog Trails • Conservation Area • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Bedroom 5
Main,First
Dining RoomKitchenFamily RoomBathroom 1
Main
Office
Dining Room
Lvl Main,First

15 x 14

Beamed Ceilings, Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Crown Molding, Decorative Molding

Kitchen
Lvl Main,First

31 x 21

Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding, Decorative Molding

Office
Lvl Main

15 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Crown Molding, Decorative Molding

Family Room
Lvl Main,First

23 x 21

Beamed Ceilings, Vaulted Ceiling(s), Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan, Crown Molding, Decorative Molding

Primary Bedroom
Lvl Second

23 x 13

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting

Bedroom 2
Lvl Second

15 x 14

Bedroom 3
Lvl Second

15 x 13

Ceiling Fan(s), Flooring - Vinyl, Crown Molding, Closet - Double

Bedroom 4
Lvl Second

15 x 12

Ceiling Fan(s), Flooring - Vinyl, Crown Molding, Closet - Double

Bedroom 5
Lvl First

17 x 13

Bathroom - Full, Closet, Flooring - Hardwood, Exterior Access, Crown Molding, Closet - Double

Bathroom 1
Lvl Main,First

10 x 7

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

10 x 7

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Beadboard

Bathroom 3
Lvl Second

16 x 11

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Enclosed Shower - Fiberglass, Double Vanity, Recessed Lighting, Half Vaulted Ceiling(s), Decorative Molding, Soaking Tub

Property History

Listed
$1,999,500

Sep 17, 2026

MLS® 73578690

Expired
$2,399,000

Sep 30, 2025

MLS® 73354219

Listed
$2,399,000

Apr 3, 2025

MLS® 73354219

Listing Provided By

Listing Agent: Kathy Rezendes

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73578690