Active

335 Days on market

10 Oak St Wareham — Photo 1 of 41

$800,000

Investment Analysis — 10 Oak St

Wareham, MA 02571

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02571 carries an estimated $3,390/mo in gross rent — about a 3.07% cap rate and $24,562/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

3,876

Style

Single Family

Built

1939

This sprawling Colonial-style home is perfectly situated across from the bay, offering beautiful water views and endless possibilities! Step into the welcoming breezeway, which opens to a bright entryway leading to a spacious family room and charming kitchen featuring a built-in hutch. The main level also offers a dining room, cozy living room with home office space, full bath, and first-floor bedroom, all accented by beautiful hardwood floors. Upstairs, you'll find a large flex space ideal for a family room, recreation area, home gym, or playroom, along with three additional bedrooms and a full bath. The walk-out basement, complete with full-size windows, four spacious rooms, a fireplace, and half bath, offer tremendous potential for future expansion or additional living space. Outside, enjoy a cleared backyard and three storage sheds perfect for kayaks, gardening equipment, and tools. Nature lovers will appreciate that the property abuts Minot Forest with walking and hiking trails and is within walking distance of the Tempest Knob Boat Launch. While the home could benefit from updating, its size, layout, location, and outstanding setting create an incredible opportunity to make it your own. A true nature and water enthusiast's dream... bring your vision and unlock this property's full potential!

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 3,876 sq ft principal dwelling). Lot size: 20,000 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.