
131 Elm Street Seekonk — Photo 1 of 34
$899,000
Investment Analysis — 131 Elm Street
Seekonk, MA 02771 — Lincoln Street
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02771 carries an estimated $2,860/mo in gross rent — about a 1.82% cap rate and $16,383/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,065
Style
Single Family
Built
2004
Offered for the very first time by its original owner, this custom-built Seekonk Colonial pairs more than 3,000 square feet of beautifully appointed living space with an extraordinary setting on over 5 acres. A dramatic two-story foyer creates a memorable first impression and introduces a home designed with both everyday living and entertaining in mind. At its heart, the spacious eat-in kitchen offers an inviting gathering place and flows naturally into the family room, where a wood-burning fireplace with handsome stone surround adds character and warmth. Generous formal living and dining rooms provide even more space to host, gather or simply spread out.Upstairs, the retreat-like primary suite feels wonderfully removed from the pace of the day, with soaring cathedral ceilings, its own fireplace, a walk-in closet and a private, spa-inspired en suite bath featuring a two-person whirlpool tub. Two additional bedrooms, a full family bath and convenient second-floor laundry complete the level. Step outside to the new composite deck, completed in 2025, and take in the expansive backyard and remarkable acreage beyond-a rare amount of land offering privacy, room to roam and exciting possibilities, including equestrian potential. A 4-year-old roof, central air, front lawn irrigation, rough central vac, low-maintenance vinyl exterior, two-car garage, shed and unfinished lower level with future expansion potential add to the home's appeal. Well built, thoughtfully maintained and filled with space inside and out, this is a home designed to be enjoyed for years to come. All of it is set in a highly convenient Seekonk location near Route 44, shopping, dining and highway access-an exceptional combination of acreage, quality, space and accessibility.
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 3,065 sq ft principal dwelling). Lot size: 248,771 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access, Lighting - Overhead
Dining Room
Lvl Main,FirstFlooring - Hardwood, French Doors, Exterior Access, Lighting - Overhead
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Vinyl, Dining Area, Gas Stove
Family Room
Lvl Main,FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan
Master Bedroom
Lvl SecondBathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub, Closet - Linen, Closet, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Enclosed Shower - Plastic
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet, Washer Hookup
Listing Agent: The Jennifer Mello Team
Listing Office: The Mello Group, Inc.
MLS® Number: 73575963
