15 Chipaway Rd Freetown — Photo 1 of 28
$525,000
Investment Analysis — 15 Chipaway Rd
Freetown, MA 02717
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02717 carries an estimated $2,820/mo in gross rent — about a 4.10% cap rate and $21,504/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,374
Style
Single Family
Built
1890
THIS NICE Colonial with 5 rooms, 3 bedrooms, and 2 baths. This property has been extensively redone inside and out, 5 years ago. Hardwoods on both levels including staircase, it's like an all new eat-in kitchen with white cabinets, granite countertops , range, dishwasher, and microwave, refrigerator Plus, a good size new bathroom on first floor with washer & dryer hookups & shower. On upper level you will find another new full bathroom . A new heating system, furnace, hot water tank, central air conditioning, updated electric with ceiling fans & stylish lighting throughout. New roof, vinyl siding, windows, and doors. Also, a new septic system. A beautiful landscaping service.
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: 687 sq ft (the lesser of 900 sq ft or half the 1,374 sq ft principal dwelling). Lot size: 5,663 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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Highway Access
Geography
Listing Agent: Jose Francisco Lopes
Listing Office: Andrade Associates Real Estate, Inc.
MLS® Number: 73564283
