283 Longhill Ave Somerset — Photo 1 of 36
$489,900
Investment Analysis — 283 Longhill Ave
Somerset, MA 02726
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02726 carries an estimated $2,630/mo in gross rent — about a 3.86% cap rate and $18,917/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,307
Style
Single Family
Built
1940
Welcome home to this inviting 4-bedroom home, with 2 bedrooms on the main level and an additional BONUS room upstairs! Offering a wonderful blend of modern updates, flexible space and vintage charm, this home features natural hardwood floors, a wood-burning fireplace and abundant natural light. The beautifully updated bathroom includes a jetted tub. Improvements include heating system (2009), roof (2017), windows, recessed lighting, first-floor insulation and new drywall (2021), hot water tank (2022), vinyl siding and gutters (2024), and garage door (2026). The full basement offers ample storage plus additional rooms with potential for a family room, craft room, home office or hobby space. Outside, enjoy the deck, fenced-in yard and freshly painted garage. Conveniently located near shopping, grocery stores, highway access and the train, while offering a quiet residential setting. Enjoy proximity to Battleship Cove and the waterfront. A home filled with character, space, valuable updates and possibilities!
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: 654 sq ft (the lesser of 900 sq ft or half the 1,307 sq ft principal dwelling). Lot size: 6,970 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 • Oven • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 13
Dining Room
Lvl First10 x 10
Kitchen
Lvl First10 x 13
Master Bedroom
Lvl First13 x 13
Bedroom 2
Lvl First11 x 12
Bedroom 3
Lvl Second12 x 13
Bedroom 4
Lvl Second12 x 13
Bathroom 1
Lvl FirstListing Agent: Crystal Kavanaugh
Listing Office: HomeSmart Professionals Real Estate
MLS® Number: 73572450
