68 Leonard Street Norton — Photo 1 of 25
$575,000
Investment Analysis — 68 Leonard Street
Norton, MA 02766
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02766 carries an estimated $3,760/mo in gross rent — about a 4.68% cap rate and $26,906/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,780
Style
Single Family
Built
1950
Set on a secluded 5 acre lot, this lovely home is ready for the next family to enjoy. Major renovations were done in 2022 including septic, low maintenance vinyl siding, new bathroom, flooring, electrical, kitchen counters and the roof is less than 10 years old. Front entrance welcomes you to an extra large open family room with gleaming hardwood floors, recessed lighting, and plenty of natural light throughout the day. With 3 beds, there is ample room for a home office or formal dining area. There are plenty of storage and closets, a long driveway with plenty of parking with 2 aluminum carports. Great location with easy access to highways and shopping.
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: 890 sq ft (the lesser of 900 sq ft or half the 1,780 sq ft principal dwelling). Lot size: 244,749 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Refrigerator
Neighborhood
Park • Golf • Conservation Area • Highway Access • House of Worship • Public School
Geography
Listing Agent: James Pham
Listing Office: RE/MAX Partners
MLS® Number: 73578956
