40 Chestnut St Foxboro — Photo 1 of 34
$599,000
Investment Analysis — 40 Chestnut St
Foxboro, MA 02035
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02035 carries an estimated $2,560/mo in gross rent — about a 2.59% cap rate and $15,509/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,161
Style
Single Family
Built
1909
Waterfront living on Neponset Reservoir! This charming 2-bed, 1-bath single level cottage offers breathtaking water views & exceptional privacy, with boating, kayaking & fishing right outside your door. Abutting Foxboro conservation land & trails, the setting offers an incredible connection to both the water and surrounding nature. Completely renovated to the studs in 2009, the open interior features gorgeous hardwood floors, a wood-burning stove & kitchen w/ recycled-glass island, quartz counters & stainless appliances. A 3-panel slider opens to the deck overlooking the reservoir. Updates include electrical, plumbing, central air, newer heating system & walkway. The 2nd bedroom is currently used as a primary walk-in closet. An oversized 3-bed septic offers potential for future expansion or possible ADU, subject to approvals. Water, trails & privacy—your own retreat right in Foxboro!
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: 581 sq ft (the lesser of 900 sq ft or half the 1,161 sq ft principal dwelling). Lot size: 29,230 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
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstWood / Coal / Pellet Stove, Ceiling Fan(s)
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Slider, Stainless Steel Appliances
Primary Bedroom
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Hardwood
Listing Agent: Campos Homes
Listing Office: RE/MAX Real Estate Center
MLS® Number: 73578103
