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499 Harvard St., Lot A East Bridgewater — Photo 1 of 40

$550,000

Investment Analysis — 499 Harvard St., Lot A

East Bridgewater, MA 02333

Based on HUD Small Area Fair Market Rent for Brockton, MA HUD Metro FMR Area, a 3-bedroom in 02333 carries an estimated $2,680/mo in gross rent — about a 3.09% cap rate and $16,971/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,832

Style

Single Family

Built

1985

So many possibilities! Set on approximately .82 acre, this 3-bedroom, 2-bath raised ranch offers so much! The home features approximately 1,832 square feet of living area, including approximately 700 square feet of finished lower-level space. The main level offers a bright, open feel with a cathedral-ceiling living room, bay/bow/box window, ceiling fan, and mostly laminate flooring. The kitchen includes exterior access, a slider, and access to the deck (needs repair). Three bedrooms and a full bath complete the main level. The finished lower level adds valuable flexibility with a spacious family room featuring a gas-log fireplace, wet bar, recessed lighting, closet, and exterior access. A second 3/4 bath and home office provide additional functionality. With its full walk-out, the lower level may offer the possibility of creating an Accessory Dwelling Unit (ADU) or possibly a whole separate ADU home, subject to town approval and applicable requirements. Outdoor features include a patio, storage shed, paved/gravel driveway, and ample off-street parking. The property is served by town water and private sewerage. Central air and forced-air heating provide year-round comfort. Additional updates include an approximately 6-year-old on-demand hot water system and approximately 8-year-old gas furnace. The property also has a Tesla solar system, with the seller reporting approximately $400 per year in electric costs plus a monthly Tesla fee of approximately $30. Whether you're looking for room to spread out, a potential multigenerational setup, 499 Harvard Street offers an uncommon combination of existing living space and future possibilities. Buyers and buyers' agents to perform their own due diligence and verify all information, measurements, utility details, development potential, zoning, septic requirements, and any proposed ADU plans with the appropriate town departments. Subject to the subdivision of the lots to be completed by the seller before closing. Taxes will most likely be a bit less after this is subdivided. Call the list agent today!

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 1,832 sq ft principal dwelling). Lot size: 35,719 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.