Investment Analysis — 365 South Main St

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 4.02% cap rate and $19,684/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,325

Style

Single Family

Built

1900

This conventional home sits on a large lot of nearly one acre, offering substantial space, much character and great potential! The four-bedroom, 1.5-bathroom residence features hardwood floors throughout and a large living room with an attractive brick fireplace. The home is presented in its current condition and provides a foundation for updates and renovation. The residence offers a very functional room layout and spacious room sizes that create flexible living areas. A full unfinished basement with exterior access extends the usable space below grade. The detached two-stall garage includes its own basement level, providing additional storage and workspace. The lot also features frontage on Dodgeville Pond, adding to the outdoor character of the setting. The location offers convenient access not far from downtown, combined with train station and highway access for commuting and regional travel. These transportation advantages make the home accessible for daily needs and broader connectivity. Schedule a showing to review the residence and evaluate its condition and potential in person.

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 2,325 sq ft principal dwelling). Lot size: 39,300 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.