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6 Days on market

15 Madison Ct Westport — Photo 1 of 41

$765,000

Investment Analysis — 15 Madison Ct

Westport, MA 02790

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02790 carries an estimated $2,110/mo in gross rent — about a 1.95% cap rate and $14,916/yr in estimated NOI at the $765,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,304

Style

Single Family

Built

1984

Welcome to 15 Madison Ct, a spacious 3-bedroom ranch set on approximately 1.11 acres in a desirable Westport location nestled at the end of a cul-de-sac. This well-maintained home offers 2,304 square feet of above-grade living space along with a full finished basement providing a 2nd fireplace, lots of storage, additional bedrooms, full kitchen, & bathroom. Features include a one-car garage, central air, baseboard heat, and a large backyard offering plenty of outdoor space. The home has been cared for over the years and presents an opportunity for buyers looking to personalize and update to their own taste. Set on a beautiful lot with room to enjoy the outdoors and create your own vision, this property offers the space, privacy, and convenient location right off Rt. 88 with the beach just a short 15 minute drive.

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 2,304 sq ft principal dwelling). Lot size: 48,168 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.