
16 Prospect Street Dartmouth — Photo 1 of 32
Recent Drop: $295,000
$1,900,000
Investment Analysis — 16 Prospect Street
Dartmouth, MA 02748 — Padanaram Village
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02748 carries an estimated $2,830/mo in gross rent — about a 0.98% cap rate and $18,623/yr in estimated NOI at the $1,900,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,691
Style
Single Family
Built
1937
Padanaram Village Home! This is the perfect opportunity to make this iconic four bedroom Cape with endless curb appeal your next home. With the large private yard, bluestone patio, two driveways, and a garage complete with a handsome ADU, this property offers great spaces for the growing family or entertainment of guests. Having been thoughtfully expanded in previous years it awaits the next homeowners personal touch and probable significant renovations.. While the home's exact history and original construction details are not fully documented, its architectural character and period inspired features create a wonderfully inviting sense of the past. Enter the distinctive country kitchen, the exposed beams and unique wooden floors complement the homes distinctive personality. Follow through and find a dramatic dining room drenched in natural light. The gracious living room enhanced by a large mantle with a wood burning fireplace provides comfortable seating for all. The first floor primary bedroom suite is complete with a stunning designed old world bathroom and French doors which lead to a private outdoor terrace. An office/bedroom lies away from the front hall. Two bedrooms and a quaint full bath are located upstairs. The period millwork, windows and wood floors throughout this residence offer endless charm and comfort. This private oasis is just footsteps from the shops, restaurants, boating and all the many activities of this bustling seaside village! This much admired village gem is a MUST SEE!
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 2,691 sq ft principal dwelling). Lot size: 25,700 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 • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
Dining Room
Lvl FirstFlooring - Wood, Crown Molding
Kitchen
Lvl MainBeamed Ceilings, Flooring - Hardwood, Flooring - Wood, Cabinets - Upgraded, Country Kitchen, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Closet, Flooring - Wood, French Doors, Cable Hookup, Lighting - Pendant, Lighting - Overhead, Crown Molding, Vestibule
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl SecondCloset, Window(s) - Bay/Bow/Box
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl nullBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl nullBathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$1,900,000
Was $2,195,000
Jul 28, 2026
MLS® 73524101
$2,195,000
May 26, 2026
MLS® 73524101
Listing Agent: Roberta Mary Burke
Listing Office: Milbury and Company
MLS® Number: 73524101
