16 Park Lane Norton — Photo 1 of 42
$699,900
Investment Analysis — 16 Park Lane
Norton, MA 02766
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02766 carries an estimated $3,760/mo in gross rent — about a 3.76% cap rate and $26,315/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,026
Style
Single Family
Built
1967
Pull up to this beautiful home and you will immediately want to see what’s inside! This is definitely not your typical home! Tucked away at the end of the cul-de-sac, this sprawling property offers incredible space, versatility, and a location you will love. Featuring 4 bedrooms and 2.5 baths, the spacious living room boasts gleaming hardwood floors and a cozy gas fireplace. The dining room is perfect for holiday gatherings. Located at the front of the home, the wonderful light-filled kitchen is a welcoming space featuring plenty of cabinetry and a generously sized center island—perfect for everyday living and gathering with family and friends. The inviting family room features plush carpeting and two beautiful bay windows that fill the space with natural light. The spacious primary bedroom includes a walk-in closet and its own private bath with an enclosed glass shower. The finished lower level offers amazing flexibility with additional living space ideal for an in-law setup, playroom, or family room, plus a separate office with its own entrance and convenient half bath. The garage is perfect for those cold New England winter days! Additional updates include a new septic system completed in April 2026, roof in 2022, heating system and tankless water heater in 2020. Minutes to schools, shopping, restaurants, and major highways—this is one you won’t want to miss!
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 3,026 sq ft principal dwelling). Lot size: 29,200 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
Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Dryer
Neighborhood
Pool • Walk/Jog Trails • Golf • Bike Path • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture
Dining Room
Lvl FirstCeiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Deck - Exterior, Slider
Kitchen
Lvl FirstCeiling Fan(s), Kitchen Island, Recessed Lighting
Office
Lvl BasementCloset, Flooring - Wall to Wall Carpet, Exterior Access
Family Room
Lvl SecondFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Master Bedroom
Lvl SecondCeiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 4
Lvl BasementCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl BasementBathroom - Half
Listing Agent: Kathy Portway
Listing Office: Keller Williams Elite
MLS® Number: 73566045
