23 Taunton Street Lakeville — Photo 1 of 24
$599,500
Investment Analysis — 23 Taunton Street
Lakeville, MA 02347
Based on HUD Small Area Fair Market Rent for Brockton, MA HUD Metro FMR Area, a 3-bedroom in 02347 carries an estimated $3,190/mo in gross rent — about a 4.22% cap rate and $25,293/yr in estimated NOI at the $599,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,331
Style
Single Family
Built
1922
23 Taunton Street is 1.61 acres with frontage of 175 sf. The location is around 7/10th of a mile from Route 495 exit ramp. Located in a General Use Zone, this property offers tremendous exposure and flexibility for residential, with business development. This site is ideally positioned with easy access to Route 495 with short drives to Boston and Providence Airports. Cape Cod and Plymouth just minutes away. Town Water and Electric at Street. Don't miss this opportunity to build in one of Southeastern Massachusetts most scenic locations. Home and garage are gutted out and ready for updating. The home has a full basement with a front porch. Well water and Town water. There is a pond out back, Owners are not sure of actual upland. Appointment required to walk the property. This Parcel can be matched to 39 Bedford St for additional parcel of 5.30_+ acres. Don't Miss this opportunity for a great location mins to Rt 495 for a Farm to Table Dinning or any General Business.
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: 666 sq ft (the lesser of 900 sq ft or half the 1,331 sq ft principal dwelling). Lot size: 70,000 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
Neighborhood
Shopping • Highway Access
Geography
Listing Agent: Marie Paulsen
Listing Office: Keller Williams Realty
MLS® Number: 73511405