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109 Homer Dr Somerset — Photo 1 of 33

109 Homer Dr Somerset — Photo 1 of 33

$579,000

Investment Analysis — 109 Homer Dr

Somerset, MA 02726 — North Somerset

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02726 carries an estimated $2,210/mo in gross rent — about a 2.46% cap rate and $14,229/yr in estimated NOI at the $579,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,844

Style

Single Family

Built

1973

Somerset Newly remodeled updated three bedroom ranch ,refinished Hardwood floors , Kitchen with new cabinets new stainless steel appliances, gas stove , refrigerator, dishwasher and Microwave with gleaming quarts counter tops.Bedrooms offer large double closets are new wall to wall carpeting. New Bath Vanities. Lower lever finished family room with full bath and storage. New rear deck off dinning area leads to large rear yard and oversized shed/barn.... Discover a lifestyle of comfort and convenience at 109 Homer Dr, Somerset, MA. Don't be left out of this wonderful opportunity !! ...

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 1,844 sq ft principal dwelling). Lot size: 10,019 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$579,000
Annual Taxes$5,926

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Carpet
BasementFull, Partially Finished, Garage Access, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.23
SqFt Lot10,019
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range

Neighborhood

Park • Marina • Public School

Geography

Listing Provided By

Listing Agent: Melanie Bissonnette

Listing Office: Riverside Realty

MLS® Number: 73577167