226 Olympic Road Somerset — Photo 1 of 42
$989,900
Investment Analysis — 226 Olympic Road
Somerset, MA 02726
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02726 carries an estimated $2,210/mo in gross rent — about a 1.04% cap rate and $10,329/yr in estimated NOI at the $989,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,912
Style
Single Family
Built
1997
Welcome home to this expansive colonial offering 3 bedrooms, 3 bathrooms, and elegant living inside and out! The eat-in kitchen boasts stainless steel appliances, quartz counters, a double oven, and patio access. Step into the grand entryway with chandelier, then relax in the living room by the gas fireplace with sliding glass door access. Upstairs, hardwood floors flow throughout, leading to a stunning master suite with two walk-in closets and a spa-like bath featuring a tiled steam shower with bench and marble floors. A bonus room above the garage and full basement with 200-amp service, on-demand hot water, and water filtration add function and flexibility. Outside, enjoy your own private oasis: a heated kidney-shaped pool, pergola patio, built-in outdoor kitchen, custom pavilion, and professionally landscaped, fenced yard with vinyl fencing and arborvitae. Two-car garage and vinyl siding complete this move-in ready colonial!
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 2,912 sq ft principal dwelling). Lot size: 20,000 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
Gas Water Heater • Range • Oven • Dishwasher
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21 x 13
Flooring - Hardwood, Cable Hookup, Exterior Access, Recessed Lighting, Slider, Crown Molding, Tray Ceiling(s)
Dining Room
Lvl Main,First21 x 13
Flooring - Hardwood, Recessed Lighting, Crown Molding
Kitchen
Lvl Main,First12 x 13
Cathedral Ceiling(s), Flooring - Vinyl, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Family Room
Lvl Main,First18 x 13
Flooring - Hardwood, Recessed Lighting, Crown Molding, Tray Ceiling(s)
Primary Bedroom
Lvl Second17 x 17
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Double Vanity, Lighting - Overhead
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second16 x 13
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First8 x 6
Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl Second5 x 9
Bathroom - Full, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 3
Lvl Second17 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting, Remodeled, Lighting - Overhead
Listing Agent: Christopher R. Carreiro, Esquire
Listing Office: Lands End Realty, Inc.
MLS® Number: 73552085
