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766 Forest Street Marshfield — Photo 1 of 37

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.

View Standard Listing

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

Original Price$1,399,000
Annual Taxes$9,950

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces1
FlooringHardwood, Flooring - Engineered Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air, Window Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres1.23
SqFt Lot53,578
Lot FeaturesWooded, Level

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

Third
Bedroom 4
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Hardwood, Recessed Lighting, Pocket Door

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Wine Chiller, Lighting - Pendant

Family Room
Lvl First

Flooring - Hardwood, Laundry Chute, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl Second

Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bedroom 4
Lvl Third

Flooring - Vinyl

Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl Second
Listing Provided By

Listing Agent: Tracey Knox

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

MLS® Number: 73579254