
2400 West State Rd Ashby — Photo 1 of 30
Recent Drop: $35,100
$389,900
Investment Analysis — 2400 West State Rd
Ashby, MA 01431
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01431 carries an estimated $2,160/mo in gross rent — about a 4.14% cap rate and $16,126/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,360
Style
Single Family
Built
1935
Welcome to a truly rare offering: a beloved, well-maintained, 3 season waterfront bungalow presented for the 1st time in nearly 50 years! This exceptional property provides an opportunity to own a legacy retreat, boasting an expansive 359' of water frontage set on a sprawling, nearly 1 acre lot. Enjoy direct access to your very own private beach, perfect for spending sun-drenched days w/the family, & take advantage of amenities like great swimming, fishing, & boating right from your shore. Built for entertaining, the property is designed to host the masses both indoors & out. The huge waterfront deck offers seating for everyone to soak in the views, while the outdoor sauna w/ a dedicated shower provides a luxurious, unexpected bonus. Inside, the home boasts a large open-concept layout centered around a cozy family room featuring a wood stove, flowing into the kitchen & dining areas. With tons of parking available, this is the quintessential waterfront escape you've been waiting for.
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: 680 sq ft (the lesser of 900 sq ft or half the 1,360 sq ft principal dwelling). Lot size: 39,640 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
Amenities & Appliances
Electric Water Heater • Range • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBathroom 1
Lvl FirstProperty History
$389,900
Was $425,000
Jul 9, 2026
MLS® 73533681
$425,000
Jun 10, 2026
MLS® 73533681
Listing Agent: Katey Tata
Listing Office: Keller Williams Realty North Central
MLS® Number: 73533681