Investment Analysis — 51 Cherry Hill Dr

Seekonk, MA 02771 — Cherry Hill

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-bedroom in 02771 carries an estimated $2,370/mo in gross rent — about a 3.51% cap rate and $16,515/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,436

Style

Single Family

Built

1954

Sun-filled and well-kept ranch on a quiet North Seekonk side street, offering easy one-floor living plus a finished lower level. The main floor pairs a 19-foot living room with a brand new custom bay window and recessed lighting, a separate dining room, and an updated kitchen with granite counters, upgraded cabinetry and hardwood flooring that carries throughout. Two bedrooms with double closets share a renovated full bath finished with ceramic tile and a granite vanity. Downstairs, the finished basement holds a play room, a game room and a dedicated laundry area, with interior access and a radon mitigation system already in place. Outside, a vinyl deck opens to a fully fenced level yard with an irrigation system and storage shed, while the attached garage with door opener, side entry and storage sits beside a paved drive that holds four more cars. The key mechanicals are already taken care of, with a five-year-old two-zone oil hot water baseboard heating system, a recently replaced oil tank and sump pump, insulated replacement windows and town water. Minutes to Route 152, Route 6 and I-195, with Seekonk shopping, parks and golf close by.

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: 718 sq ft (the lesser of 900 sq ft or half the 1,436 sq ft principal dwelling). Lot size: 10,018 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.