
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.
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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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Julie Etter Team
Listing Office: Berkshire Hathaway HomeServices Evolution Properties
MLS® Number: 73585298








