7 Harold Ave Somerset — Photo 1 of 42
$489,900
Investment Analysis — 7 Harold Ave
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 2.87% cap rate and $14,036/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,411
Style
Single Family
Built
1950
**Offers due Sunday 9/6 at 6pm** Welcome home to this charming 3 bedroom, 2 full bath ranch situated on a desirable corner lot with a 2-car garage. The first floor features hardwood floors, three bedrooms, a full bathroom, dining area, and an oversized living room filled with great natural light. The finished basement offers plenty of potential for additional living space, a home office, recreation room, or gym, along with a second full bathroom. The roof is approximately 2 years old, water heater replaced in 2022, adding peace of mind for the new owner. Natural gas, town water and town sewer. Conveniently located just a few blocks from Route 6 and Breeds Cove, this home offers a great combination of space, location, and potential to keep the nostalgia look or update to your own taste.
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: 706 sq ft (the lesser of 900 sq ft or half the 1,411 sq ft principal dwelling). Lot size: 11,326 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 MLS and other third-party data may be inaccurate or out of date.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
Electric Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Stone/Ceramic Tile
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile
Family Room
Lvl BasementMaster Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Hardwood
Listing Agent: Adam Laprade
Listing Office: Noble Realty NE
MLS® Number: 73569985
