Investment Analysis — 60 Gerald Ave.

Brockton, MA 02302

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02302 carries an estimated $3,080/mo in gross rent — about a 5.62% cap rate and $23,906/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

864

Style

Single Family

Built

1957

Welcome to this well-maintained 6-room, 3-bedroom, 1-bath ranch-style home, built in 1957. Offering comfortable single-level living, this home features updated forced hot water heating and a hot water heater replaced in August 2023. The roof was stripped and reshingled in October 2012 with durable 30-year architectural shingles. A one-car garage provides convenient parking and storage, with the potential to be converted into additional living space if desired. Outside, enjoy a large, flat, fenced-in yard with a storage shed, offering plenty of space for outdoor activities, gardening, and entertaining. A solid opportunity for buyers looking for a home with practical updates and room to make it their own.

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: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 10,846 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 MLS and other third-party data may be inaccurate or out of date.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.