
31 Madison Ave Sharon — Photo 1 of 31
$648,500
Investment Analysis — 31 Madison Ave
Sharon, MA 02067
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02067 carries an estimated $3,960/mo in gross rent — about a 3.85% cap rate and $24,976/yr in estimated NOI at the $648,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,456
Style
Single Family
Built
1960
UNBEATABLE VALUE! Gracious 3 Bed, 1.5 Bath mid-century, multi-level home on approx. 1 acre of land in desirable Sharon neighborhood! Offered for the first time, this home features hardwood floors and mechanical updates throughout, including brand new septic system (to be installed at seller's expense), newer boiler/tankless HW heater, and 2017 architectural shingle roof. First floor offers kitchen with SS appliances open to large dining/family room, 1/2 bath and laundry room, and sliders out to 3-season porch and yard. Second level features expansive fireplaced living room with 11' vaulted ceilings and natural light throughout. Top floor has three generous bedrooms with ample closet space, and full bath with tub. Walkout lower level is heated, and would make a great family room, playroom, or office space. Large lot with ample privacy, carport, and mature plantings and trees. Close to Cobbs Corner shops/restaurants, commuter rail, and walking distance to Crescent Ridge! Move right in, or add your cosmetic touches to this great home!
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: 728 sq ft (the lesser of 900 sq ft or half the 1,456 sq ft principal dwelling). Lot size: 40,049 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 12
Flooring - Hardwood, Exterior Access
Dining Room
Lvl First9 x 12
Flooring - Hardwood
Kitchen
Lvl First10 x 9
Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances
Family Room
Lvl Second15 x 21
Cathedral Ceiling(s), Flooring - Hardwood
Primary Bedroom
Lvl Third14 x 12
Closet, Flooring - Hardwood
Bedroom 2
Lvl Third10 x 13
Bedroom 3
Lvl Third10 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First6 x 9
Bathroom - Half, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl Third8 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Seth Mitchell
Listing Office: The Mitchell Group
MLS® Number: 73577455