24 Ripley St Somerset — Photo 1 of 41
Recent Drop: $5,100
$444,900
Investment Analysis — 24 Ripley St
Somerset, MA 02725
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02725 carries an estimated $2,070/mo in gross rent — about a 3.22% cap rate and $14,331/yr in estimated NOI at the $444,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,699
Style
Single Family
Built
1923
*First Open House 8/2* Enjoy coastal living in this charming 3-bedroom, 2-bath Cape in a tranquil waterfront community with beautiful views of Mount Hope Bay and water access. This southerly-facing home is filled with natural light and offers stunning sunrises and sunsets. The first floor features a bedroom and full bath, while the second level offers two additional bedrooms and another full bath. Enjoy water views from both levels. Updates include a newer roof, updated windows, 200-amp electrical service, newer hot water heater, and a French drain system. The kitchen opens to the back deck, perfect for relaxing and taking in the coastal setting. Ideal as a year-round home, vacation getaway, or potential short-term rental investment. Move right in while adding your own personal tlc touches over time. One off-street parking space. All appliances convey. A wonderful opportunity to own a home by the water!
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: 850 sq ft (the lesser of 900 sq ft or half the 1,699 sq ft principal dwelling). Lot size: 1,742 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Property History
$444,900
Was $450,000
Aug 5, 2026
MLS® 73551438
$450,000
Jul 17, 2026
MLS® 73551438
$369,900
Apr 30, 2025
MLS® 73323262
$369,900
Jan 6, 2025
MLS® 73323262
$375,000
Jan 2, 2025
MLS® 73299739
$375,000
Oct 8, 2024
MLS® 73299739
Listing Agent: The Vision Group
Listing Office: Keller Williams South Watuppa
MLS® Number: 73551438
