109 Freeman Street Norton — Photo 1 of 41
$529,000
Investment Analysis — 109 Freeman Street
Norton, MA 02766
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02766 carries an estimated $3,500/mo in gross rent — about a 5.06% cap rate and $26,789/yr in estimated NOI at the $529,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
960
Style
Single Family
Built
1947
Welcome to 109 Freeman Street, a charming 960-square-foot ranch set on a beautiful 1.5-acre lakefront lot in a convenient Norton location. Offering the perfect blend of comfort, updates, outdoor space, and waterfront living, this home is an ideal opportunity for first-time buyers, those looking to downsize, or anyone seeking a peaceful retreat with room to enjoy the outdoors. The inviting interior features a renovated kitchen completed in 2016, a beautifully updated bathroom in 2025, and newer appliances from 2018. Major systems and improvements have also been thoughtfully addressed, including a new heating and air conditioning system in 2026, water heater in 2025, and roof and windows replaced in 2013. Outside, the expansive lakefront property truly shines, with a spacious patio installed in 2017, vinyl siding in 2021, new landscaping in 2026, a handy shed, and a generous backyard lawn ideal for relaxing, entertaining, playing, or enjoying the peaceful waterfront setting. Residents can take advantage of direct access to the lake for swimming, fishing, and kayaking, while nearby walking and hiking trails provide even more opportunities to enjoy the outdoors. Conveniently located near major highways, this property offers easy access to surrounding communities while maintaining a private, natural setting. A wonderful opportunity to own an updated, manageable home with an exceptional 1.5-acre lakefront setting.
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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 65,340 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
Neighborhood
Shopping • Walk/Jog Trails • Highway Access • Public School
Geography
Listing Agent: Lindsay Sullivan
Listing Office: New Seabury Sotheby's International Realty
MLS® Number: 73577800
