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281 Washington St Taunton — Photo 1 of 31

281 Washington St Taunton — Photo 1 of 31

$550,000

Investment Analysis — 281 Washington St

Taunton, MA 02780

Based on HUD Small Area Fair Market Rent for Taunton-Mansfield-Norton, MA HUD Metro FMR Area, a 3-bedroom in 02780 carries an estimated $2,610/mo in gross rent — about a 3.52% cap rate and $19,385/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,514

Style

Single Family

Built

1900

Welcome to 281 Washington Street—a beautifully maintained and recently updated 3-bedroom, 2-full-bath home in Taunton offering the comfort, space, and features today’s buyers are searching for. Numerous recent improvements enhance both the style and functionality of this move-in-ready property. The inviting open-concept layout features a well-appointed kitchen with granite countertops, stainless-steel appliances, abundant cabinetry, and a large center island with seating—perfect for everyday meals and entertaining. Beautiful hardwood floors flow through the bright dining and living areas, creating a warm and welcoming atmosphere. Upstairs, you’ll find three comfortable bedrooms, a full bathroom, and convenient second-floor laundry. Additional highlights include central air conditioning, natural gas, public water and sewer, low-maintenance vinyl siding, a detached one-car garage, and ample off-street parking. The fully fenced backyard provides privacy and plenty of space for outdoor dining, recreation, gardening, or pets. Conveniently located near shopping, restaurants, parks, medical facilities, and Routes 44, 24, 140, and 495. If you’re searching for an updated Taunton home with three bedrooms, a kitchen island, fenced yard, garage, and easy commuter access, this is the one!

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: 757 sq ft (the lesser of 900 sq ft or half the 1,514 sq ft principal dwelling). Lot size: 9,148 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.

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Property Details

Financials

Original Price$550,000
Annual Taxes$4,418

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood
BasementFull, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Dual
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
Zoning3.34

Property & Lot

Acres0.21
SqFt Lot9,148
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • Bike Path • Highway Access • House of Worship

Geography

Listing Provided By

Listing Agent: The Mazraani Team

Listing Office: Real Broker MA, LLC

MLS® Number: 73573515