Investment Analysis — 114 Folsom Ave

Somerset, MA 02726 — Americana Terrace

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 3.85% cap rate and $15,346/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,144

Style

Single Family

Built

1969

OPEN HOUSES MODIFIED!!! Friday 9/25 from 5-7pm and Sunday 09/27 from 12:30-2!!! Whether you're looking as a first-time home buyer or downsizing, here is your opportunity to enter Somerset, MA at an affordable price. Built in 1969, this single-family residence offers 1,144 square feet of comfortable living space, presenting a wonderful opportunity to create a home tailored to your vision. The residence provides three thoughtfully proportioned bedrooms, offering flexible spaces for rest, work, or creative pursuits. A full bathroom serves the home, designed for everyday convenience and function. Set on a generous 10,454 square foot lot, this property offers ample outdoor space for leisure and enjoyment. Recent updates include a new roof completed in 2018, new vinyl siding and several new windows in 2024.

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: 572 sq ft (the lesser of 900 sq ft or half the 1,144 sq ft principal dwelling). Lot size: 10,454 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.