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12 Days on market

10 Shangri La Blvd Wareham — Photo 1 of 42

$460,000

Investment Analysis — 10 Shangri La Blvd

Wareham, MA 02538

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02538 carries an estimated $2,560/mo in gross rent — about a 4.40% cap rate and $20,250/yr in estimated NOI at the $460,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

884

Style

Single Family

Built

1974

This charming turn-key home offers beautiful views of Glen Charlie Pond and more space than its exterior suggests. Inside, the main level features distinctive matchstick hardwood paneling that adds warmth and character. The walk-out basement provides valuable bonus living space with direct access to the cozy backyard. Recent updates include fresh paint, a new front deck and rear decking, solar panels, an updated fireplace, a hybrid hot-water heater, gas furnace, outdoor lighting, a waterfall shower, Bluetooth ventilation fan, microwave, smart thermostat, and more. With its inviting setting, flexible lower-level area, and peaceful pond views, this home offers a wonderful opportunity to create a space that feels truly your own.

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: 442 sq ft (the lesser of 900 sq ft or half the 884 sq ft principal dwelling). Lot size: 9,600 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.