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233 Gifford Ave Somerset — Photo 1 of 29

233 Gifford Ave Somerset — Photo 1 of 29

$599,000

Investment Analysis — 233 Gifford Ave

Somerset, MA 02726 — South Somerset

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 2.45% cap rate and $14,655/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,500

Style

Single Family

Built

1945

Welcome to 233 Gifford Ave. This charming, meticulously cared for home boasts brand new Anderson windows as well as a newer roof, and custom built-ins. First floor offers a primary bedroom with access to the back deck, while the second floor hosts 2 bedrooms and a full bath. A partially finished basement offers plenty of storage as well as potential living space.

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: 750 sq ft (the lesser of 900 sq ft or half the 1,500 sq ft principal dwelling). Lot size: 17,860 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 MLS and other third-party data may be inaccurate or out of date.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$599,000
Annual Taxes$5,500

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile
BasementFull, Partially Finished, Sump Pump

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air, Window Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.41
SqFt Lot17,860
Lot FeaturesCleared

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Geography

Listing Provided By

Listing Agent: David Parker

Listing Office: Harborside Realty

MLS® Number: 73579378