2714 Riverside Avenue Somerset — Photo 1 of 31
$649,000
Investment Analysis — 2714 Riverside Avenue
Somerset, MA 02726
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02726 carries an estimated $2,210/mo in gross rent — about a 2.06% cap rate and $13,372/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,339
Style
Single Family
Built
1930
Life on the water has never been so affordable! Two moorings, private beach, sunset views over the Taunton River. Keep your boat steps from your door, launch the kayaks and paddleboards on a whim, and end every day watching the water light up. It is comfortable today and full of upside tomorrow! Main level boasts 3 bedrooms and a full bath, gleaming hardwood floors and an abundance of natural light. Bring your vision to the kitchen and baths and open the main level to the water view it deserves. Walkout lower level with ground-level entry, water views, and existing half bath. Primed for a guest suite, short-term rental, or ADU (MA now permits ADUs by right in many single-family zones). Priced to sell, the opportunities for equity building are abundant with this one! Just minutes from Fall River, Newport and the South Coast. Easy commute to Boston and Cape Cod.
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: 670 sq ft (the lesser of 900 sq ft or half the 1,339 sq ft principal dwelling). Lot size: 10,890 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
Dishwasher • Microwave • Water Treatment • Gas Cooktop
Neighborhood
Park • Walk/Jog Trails • House of Worship • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Laminate
Family Room
Lvl FirstBalcony / Deck, Exterior Access
Master Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - With Tub & Shower, Flooring - Laminate, Jacuzzi / Whirlpool Soaking Tub, Laundry Chute, Pedestal Sink
Bathroom 2
Lvl BasementListing Agent: Jill Oliveira
Listing Office: Keller Williams South Watuppa
MLS® Number: 73573014
