37 Chipaway Rd Freetown — Photo 1 of 27
$379,000
Investment Analysis — 37 Chipaway Rd
Freetown, MA 02717
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-bedroom in 02717 carries an estimated $2,350/mo in gross rent — about a 4.69% cap rate and $17,763/yr in estimated NOI at the $379,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,468
Style
Single Family
Built
1954
Opportunity awaits in this spacious 1954 classic ranch set on 20,038 SF of land. The inviting layout offers easy one-floor living,with a dining area that opens to the kitchen,then flows into a generous living room filled with natural light. The well-maintained kitchen features traditional cabinetry,granite countertops & stainless steel appliances. A separate laundry room leads to 2 bedrooms,each ready for your personal touch & some updates. A few started projects provide a head start,while still leaving room to bring your own vision to life. Outside,the expansive backyard,framed by mature plantings,offers plenty of space to garden,entertain,play or simply enjoy the outdoors. A small deck off the kitchen extends the living space outside. With 1,468 SF,a functional layout & an oversized lot,this home offers an excellent opportunity to make thoughtful improvements,build equity & create a home that truly feels like your own. Located minutes from the highway, two South Cost Rail stations, essential services and shopping, it combines the best of suburban living with urban convenience
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: 734 sq ft (the lesser of 900 sq ft or half the 1,468 sq ft principal dwelling). Lot size: 20,038 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.
No longer available to tour
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Medical Facility • Highway Access • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl nullWindow(s) - Bay/Bow/Box, Open Floorplan
Kitchen
Lvl nullDining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Remodeled, Slider, Stainless Steel Appliances
Primary Bedroom
Lvl nullCloset, Window(s) - Bay/Bow/Box
Listing Agent: Sladjana Zivkovicvukovic
Listing Office: Leading Edge Real Estate
MLS® Number: 73582465
No longer available to tour
