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2 Parker Ter Freetown — Photo 1 of 36

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.

View Standard Listing

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

Original Price$550,000
Annual Taxes$5,008

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile, Vinyl / VCT, Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres2.17
SqFt Lot94,526
Lot Features--

Amenities & Appliances

Water Heater • Tankless Water Heater • Range • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Family RoomBathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Basement
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl Basement
Listing Provided By

Listing Agent: Stephen Medeiros

Listing Office: Keller Williams Realty

MLS® Number: 73578728