
2 Parker Ter Freetown — Photo 1 of 36
$550,000
Investment Analysis — 2 Parker Ter
Freetown, MA 02717
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02717 carries an estimated $2,820/mo in gross rent — about a 3.77% cap rate and $20,710/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,560
Style
Single Family
Built
1995
Welcome to 2 Parker Terrace St, Freetown, MA! Tucked away on a peaceful cul-de-sac in a very private setting, this well-appointed raised ranch offers 1560 sq ft of comfortable living space w/ 3 bedrooms & 2 full bathrooms. The main level welcomes you w/ a bright & open layout featuring a kitchen, dining area, & inviting living area, along w/ 3 bedrooms & a full bathroom. The finished walk-out basement expands your living space significantly, offering a versatile family/living area, a dedicated den/home office, a 2nd full bathroom, dedicated laundry space, & direct access to the convenient 1-car attached garage.The home is heated by oil-fired hot water baseboard heat. Located on over 2 acres. Step outside to your private backyard oasis featuring an expansive multi-level deck—ideal for summer BBQs, outdoor dining, & entertaining family & friends in complete tranquility. Enjoy the best of secluded suburban living w/ unbeatable convenience: located just minutes from major highway routes & only a short ride to the Church St Commuter Rail station for effortless commuting. Don't miss the chance to make this serene Freetown retreat your own!Call today for a private showing!
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: 780 sq ft (the lesser of 900 sq ft or half the 1,560 sq ft principal dwelling). Lot size: 94,526 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Stephen Medeiros
Listing Office: Keller Williams Realty
MLS® Number: 73578728








