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156 & 58 Mansfield Ave. Norton — Photo 1 of 27

156 & 58 Mansfield Ave. Norton — Photo 1 of 27

$850,000

Investment Analysis — 156 & 58 Mansfield Ave.

Norton, MA 02766

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a home in 02766 carries an estimated $1,960/mo in gross rent — about a 1.22% cap rate and $10,332/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Residential

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Supreme development opportunity! Located on well traveled Route 140, with nearby dynamic development, this Village commercial combination of 2 parcels welcomes your vision and desired expansion. Whether you want to keep the single family and build on the land, or capitalize on the 12 unit CONDO FEASIBILITY PLAN, opportunity knocks among location convenience and serenity with nearby Norton Reservoir! With soil testing and wetland delineation complete, take this project to the finish line, with a variety of potential uses! Current home is tenant occupied, for instant income while you finalize your project and development plans! PLEASE DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT.

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 MLS and other third-party data may be inaccurate or out of date.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$850,000
Annual Taxes$7,543

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR60

Property & Lot

Acres1.42
SqFt Lot61,855
Lot FeaturesWooded

Geography

Listing Provided By

Listing Agent: Julie Etter Team

Listing Office: Berkshire Hathaway HomeServices Evolution Properties

MLS® Number: 73585298