Investment Analysis — 359 Pike Ave

Attleboro, MA 02703

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02703 carries an estimated $2,840/mo in gross rent — about a 3.54% cap rate and $19,997/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,960

Style

Single Family

Built

1958

Discover the perfect blend of modern comfort and opportunity in this versatile and spacious 4-bedroom, 2-bathroom home. Ideal for savvy investors, first-time homebuyers, or anyone looking to put their personal touch on a property with fantastic bones. This traditional Cape Cod style home offers incredible value and endless possibilities. Recent improvements include updated counter tops, stainless steel kitchen appliances, fireplace remodel, skylights, a grand walk-in shower, whole house surge protector, first floor laundry and 5 year old roof. Fully owned solar panels offer significant savings on monthly energy bills from day one - and it is even equipped for a generator. The over-sized fenced-in corner lot is perfect for kids, pets and gardens. Bring your design ideas to craft the space of your dreams! A little vision and personal styling will instantly maximize value and transform this home into a personalized showcase - with plenty of room to grow!

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 1,960 sq ft principal dwelling). Lot size: 18,534 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.