
766 Forest Street Marshfield — Photo 1 of 37
$1,399,000
Investment Analysis — 766 Forest Street
Marshfield, MA 02050
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02050 carries an estimated $3,390/mo in gross rent — about a 1.50% cap rate and $20,967/yr in estimated NOI at the $1,399,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,416
Style
Single Family
Built
1999
Distinctive North Marshfield Colonial set on 1.23 beautifully landscaped acres, offering a rare combination of privacy, character, space, and lifestyle flexibility. As you approach the property, a charming two-story barn with brick patio and pergola welcomes you, offering a unique setting for entertaining, storage, and creative pursuits. Rich in history and thoughtfully integrated into the property, the barn is an exceptional feature rarely found in today’s market. Set back from the road, the 3,416-square-foot, 4-bedroom, 2.5-bath home offers generous living space and numerous updates. The bright and airy kitchen with center island opens to a fireplaced family room, complemented by formal living and dining rooms. The second floor features three spacious bedrooms, including a primary suite with dressing area and ensuite bath. A thoughtfully renovated third floor adds valuable versatility with luxury vinyl flooring, updated heat and plumbing, and flexible space for a potential bedroom, family room, office, or private retreat. The property also includes an attached two-car garage and a substantial detached two-story barn with a full finished workshop, electricity, heat, and woodstove. Additional unfinished space offers potential for future expansion. The expansive backyard is beautifully maintained and features a large custom patio and firepit area, ideal for outdoor entertaining and enjoying the privacy of the surrounding grounds. Numerous enhancements have been made throughout, including the installation of a generator, fully updated bath, new luxury vinyl flooring, heat and a sink on the 3rd floor, all new, fully conditioned workshop in historic barn. Conveniently located just minutes from schools, shopping, and major highways, and situated across from the Woodland Hills neighborhood, this distinctive property offers the space to live, work, create, and grow. A rare opportunity to enjoy the character and flexibility of a true Marshfield lifestyle property.
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 3,416 sq ft principal dwelling). Lot size: 53,578 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
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting, Pocket Door
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Wine Chiller, Lighting - Pendant
Family Room
Lvl FirstFlooring - Hardwood, Laundry Chute, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl ThirdFlooring - Vinyl
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom 3
Lvl SecondListing Agent: Tracey Knox
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73579254

