Investment Analysis — 120 Purchase St

Middleboro, MA 02346

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02346 carries an estimated $3,080/mo in gross rent — about a 2.95% cap rate and $20,340/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,924

Style

Single Family

Built

2005

Welcome to this spacious Middleboro property set on 2.74 acres, offering plenty of privacy, parking, and room to enjoy the outdoors. The main level features 3 bedrooms, 2 full bathrooms, a bright living room with vaulted ceiling, and a kitchen with stainless steel appliances and beautiful hardwood floors throughout the main living area. The finished lower level provides two spacious rooms, a full bathroom, and a utility/laundry room, offering flexible space for a family room, home office, guests, or recreation. Central A/C adds year-round comfort. Outside, enjoy a huge yard with a fenced-in area directly off the house, perfect for pets or outdoor entertaining, along with a large storage shed and an oversized 2-car garage. With abundant parking and plenty of open space for gardening, gatherings, or simply enjoying the privacy of the property, this home offers versatility both inside and out. Conveniently located near highway access, making it an ideal location for commuters.

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 1,924 sq ft principal dwelling). Lot size: 119,204 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.