394 Lees River Avenue Somerset — Photo 1 of 34
$645,000
Investment Analysis — 394 Lees River Avenue
Somerset, MA 02725
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02725 carries an estimated $2,460/mo in gross rent — about a 2.45% cap rate and $15,778/yr in estimated NOI at the $645,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,620
Style
Single Family
Built
1987
Introducing 2,620 sq. ft. of multi-level living, complete with a separate walk-out living suite and set gracefully back on nearly a half-acre of land. Topped with a newer roof, home offers open versatility and comfort, featuring 2 full baths, 4 generously sized bedrooms. The walk-out living suite is ideal for multi-generational living, guests, or a private work-from-home setup, offering convenient separation while keeping everyone connected. The finished basement significantly expands your living space, ideal for a craft. media or playroom space. The generous backyard offers privacy, and the inviting deck is perfect for family gatherings and entertainment. Location is highly favorable for career commuters, providing convenient access to major routes. With some modern interior updates, this home has the potential to shine even brighter, enhancing its already strong bones, flexible layout with room for you and maybe that in-law who’s ready to make the move!
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 2,620 sq ft principal dwelling). Lot size: 20,038 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
Gas Water Heater • Water Heater • Leased Water Heater
Neighborhood
Shopping • Conservation Area • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Craig Howard
Listing Office: Streamline Realty Group, LLC
MLS® Number: 73568623
