27 Reservoir Ave Lakeville — Photo 1 of 23
Recent Drop: $100,000
$725,000
Investment Analysis — 27 Reservoir Ave
Lakeville, MA 02347
Based on HUD Small Area Fair Market Rent for Brockton, MA HUD Metro FMR Area, a 2-bedroom in 02347 carries an estimated $2,550/mo in gross rent — about a 2.29% cap rate and $16,613/yr in estimated NOI at the $725,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
2,200
Style
Single Family
Built
1978
Beautifully updated home offering stunning views on a quiet road in a convenient location near all amenities. This thoughtfully redesigned home features a spacious primary suite created by combining two bedrooms, complete with a private bath, huge walk-in closet/dressing room, and laundry area. The home also offers a fireplaced living room, newer appliances, newer carpeting, and a highly desirable 4-season sunroom overlooking the golf course and reservoir. The bright finished daylight basement provides additional living space with a family room featuring a brick hearth and woodstove, plus an additional bedroom and bath. New 3 bedroom septic installed last year! A terrific opportunity to enjoy comfort, flexibility, and scenic surroundings in an exceptional location. Some photos have been virtually enhanced and staged.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,200 sq ft principal dwelling). Lot size: 71,378 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 • Dishwasher • Microwave
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 16
Kitchen
Lvl First15 x 11
Flooring - Laminate
Family Room
Lvl Basement17 x 17
Wood / Coal / Pellet Stove
Primary Bedroom
Lvl First23.5 x 13.5
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Basement12.2 x 11
Property History
$725,000
Was $779,900
Aug 26, 2026
MLS® 73518271
$779,900
Was $825,000
Aug 4, 2026
MLS® 73518271
$825,000
May 13, 2026
MLS® 73518271
Listing Agent: Lawrence Costa
Listing Office: Century 21 Classic Gold
MLS® Number: 73518271