Active
18 Days on market
229 Dean St Norton — Photo 1 of 30

229 Dean St Norton — Photo 1 of 30

$599,999

Investment Analysis — 229 Dean St

Norton, MA 02766

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02766 carries an estimated $3,500/mo in gross rent — about a 4.06% cap rate and $24,342/yr in estimated NOI at the $599,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,880

Style

Single Family

Built

1983

Calling All Investors, Contractors, DIY & Visionaries! Don’t miss this incredible opportunity to unlock the potential of this expansive 3–4 bedroom home situated on a private 2.7-acre lot. Offering a versatile existing floor plan and plenty of room to reimagine, renovate, and add value, this unique property is ready for its next chapter. With some vision, TLC, and thoughtful updates, the home offers tremendous potential for an investor, contractor, or owner-occupant looking to create something truly special. The generous acreage provides added privacy and space, while the size and layout of the home offer numerous possibilities for repurposing and improvement. Bring your ideas and take advantage of this rare opportunity to transform a property with significant upside potential. Property is being sold in its current condition.

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 1,880 sq ft principal dwelling). Lot size: 118,048 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

Original Price$599,999
Annual Taxes$7,578

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingElectric Baseboard, Electric, Wood Stove
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR80

Property & Lot

Acres2.71
SqFt Lot118,048
Lot FeaturesWooded, Sloped

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Conservation Area • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Ryan Traynor

Listing Office: HomeSmart Professionals Real Estate

MLS® Number: 73562212