Investment Analysis — 856 Newport Ave

Attleboro, MA 02703

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02703 carries an estimated $2,390/mo in gross rent — about a 2.21% cap rate and $17,686/yr in estimated NOI at the $799,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,308

Style

Single Family

Built

1951

A renovated Colonial plus an additional buildable lot to be delivered with approvals before closing! Set on an approximately 0.58-acre corner parcel, 856 Newport Avenue offers the opportunity to purchase the home and a separate neighboring lot together. The home’s entrance is already on Slade Avenue, and the new lot is being designed for Slade Avenue access as well, giving both properties a side-street approach. The seller is working with an engineer and will deliver the required subdivision and buildable-lot approvals prior to closing.The home features a bright, open kitchen and dining area, a spacious living room, and a full bath on the main level. Upstairs are three bedrooms, a second full bath, and a desk or study nook. Hardwood floors, newer kitchen cabinetry and appliances, central heat and air conditioning, and a partially finished basement add comfort and flexibility. Outside are a covered patio, wooded surroundings, four parking spaces, and a two-car detached garage. Public records show approximately 1,736 square feet above grade plus 572 square feet below grade. Convenient to I-95, shopping, dining, and the South Attleboro MBTA station. Proposed lot boundaries and access are subject to final approvals. Buyers to conduct independent due diligence.

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 2,308 sq ft principal dwelling). Lot size: 25,227 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.