Active

103 Days on market

1288 Newman Avenue Seekonk — Photo 1 of 42

Recent Drop: $19,999

$529,999

$510,000

Investment Analysis — 1288 Newman Avenue

Seekonk, MA 02771

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02771 carries an estimated $2,860/mo in gross rent — about a 4.02% cap rate and $20,497/yr in estimated NOI at the $510,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,686

Style

Single Family

Built

1921

**New price** Major updates already completed, including a new roof with transferable warranty, replacement windows, young septic system, updated 200 amp electrical, Generator hookup, and 2 mini-splits A/C units . This 3-bedroom, 1.5-bath home offers an updated kitchen with granite countertops, stainless steel appliances, a spacious dining and living rooms with hardwood floors throughout the home. Upstairs features an updated full bath with heated tile floors and a bonus flex room for an office, hobby space or additional storage. The lot abuts Pawtucket Country Club and includes an electric pet fence and detached one-car garage. A walk-out unfinished basement provides additional storage and workspace. Convenient to shopping, dining and major highways. Bring your paint palette and make it your own—the big-ticket improvements are already here!

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: 843 sq ft (the lesser of 900 sq ft or half the 1,686 sq ft principal dwelling). Lot size: 33,977 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.