
137 Damon Rd Ashby — Photo 1 of 17
$330,000
Investment Analysis — 137 Damon Rd
Ashby, MA 01431
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01431 carries an estimated $3,080/mo in gross rent — about a 6.78% cap rate and $22,372/yr in estimated NOI at the $330,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,665
Style
Single Family
Built
1900
Minutes from Routes 119 and 31, this unique farmhouse is privately set atop a knoll on 1.87 acres of pasture-like grounds. The home offers timeless farmhouse character with beadboard accents, exposed beams, fireplaces, pine flooring, and abundant natural light. The eat-in country kitchen features a breakfast bar and walk-in pantry, complemented by a formal dining room and a cozy nook with an arched doorway -ideal for an office, den, or media space. An oversized living room provides plenty of space for entertaining. The first floor also includes a full bathroom, laundry area, and primary bedroom. Upstairs are two additional bedrooms. Additional features include a detached garage, oversized deck and expansive grounds with established perennials - offering endless possibilities for gardens, outdoor recreation, and future projects. This is a First Look property whereas, property is only open to owner occupants for first 30 days; all owner occupant offers to be reviewed after being on market for 7 days & owner occupant disclosure must be signed with contract. Photos were used to showcase homes potential and photos have been edited.
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: 833 sq ft (the lesser of 900 sq ft or half the 1,665 sq ft principal dwelling). Lot size: 81,327 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: The Ponte Group
Listing Office: Keller Williams South Watuppa
MLS® Number: 73580682