Residential Income Property with
270 Wendell Depot Rd Wendell, MA 01379
270 Wendell Depot Rd, Wendell, MA, 01379
$650,000
For Sale
$650,000
Renovated main home plus a renovated cottage currently operating as a short-term rental, with major recent system upgrades.
Property Size1,648 SF
Price / SF$394.42
Days on Market66
Property Features for 270 Wendell Depot Rd
General Information
- Standard status
- Active
- Size
- 1,648 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agency
Lamacchia Realty, Inc.
(508) 612-0821
Listed by
We Close Deals Team
(508) 612-0821
Source
Lockandkeyre
Added: May 18 Updated: Jul 20 at 8:24PM Checked: Jul 21 at 3:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
A renovated residential income property at 270 Wendell Depot Rd in Wendell, MA, featuring a main home with two flexible bonus rooms and a renovated cottage currently used as a short-term rental. Recent major upgrades include a brand-new HVAC system, electrical improvements with an EV charging station, and a new septic system.
The property includes a two-story barn/workshop with full electric and generator hookup, offering additional utility and workspace. Outdoor surroundings are described as a private setting with a babbling brook and natural waterfalls that run through the landscape, surrounded by hundreds of acres of protected conservation land.
Inside, the two bonus rooms provide adaptable space for a home office, studio, guest suite, or additional living area. The overall configuration supports both owner-occupancy and expanded use of the on-site rental cottage.
The property includes a two-story barn/workshop with full electric and generator hookup, offering additional utility and workspace. Outdoor surroundings are described as a private setting with a babbling brook and natural waterfalls that run through the landscape, surrounded by hundreds of acres of protected conservation land.
Inside, the two bonus rooms provide adaptable space for a home office, studio, guest suite, or additional living area. The overall configuration supports both owner-occupancy and expanded use of the on-site rental cottage.
Key Highlights
- Year built 1925 renovated main home with two flexible bonus rooms for office, studio, guest suite, or additional living space
- New HVAC system plus electrical improvements including EV charging station
- New septic system installed
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $25.20 |
| − Vacancy | −$1.7k | −$1.06 |
| EGI | $39.8k | $24.14 |
| − OpEx | −$17.9k | −$10.86 |
| NOI | $21.9k | $13.28 |
1,648 SF · lease $25.20/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$312.6K
$273.5K – $364.7K
NOI $21,882 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$683.4K
$598.0K – $797.3K
NOI $47,836 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Short term rental property - Renovated main home plus a renovated cottage currently operating as a short-term rental, with major recent system upgrades.
Where is this short term rental property located?
The property is located at 270 Wendell Depot Rd Wendell, MA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Year built 1925 renovated main home with two flexible bonus rooms for office, studio, guest suite, or additional living space; New HVAC system plus electrical improvements including EV charging station; New septic system installed
