Investment Analysis — 33 Rand Ave

Attleboro, MA 02703 — South Attleboro

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02703 carries an estimated $2,390/mo in gross rent — about a 3.76% cap rate and $17,285/yr in estimated NOI at the $459,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,226

Style

Single Family

Built

1967

Bring your design ideas to this classic 1967 raised ranch, offering incredible potential and a solid foundation. Situated in an established neighborhood, this home features a versatile layout characteristic of its era.The upper level provides an ideal canvas for an open-concept modernization. Down the hall, you will find 3 bedrooms and a full bathroom awaiting your personal touch.The lower level expands your living space offering opportunity for a second bathroom and/or utility area. Whether you want to create a private suite or a home office the footprint is ready for your transformation. This home has been structurally well-maintained over the decades. One great addition done approximately 8-10 years ago was addition of central air through mini duct system. It offers a generous backyard perfect for gardening. This is an opportunity to build sweat equity in a desirable location. This is an estate sale. Property is being sold AS IS.

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: 613 sq ft (the lesser of 900 sq ft or half the 1,226 sq ft principal dwelling). Lot size: 8,000 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.