Investment Analysis — 166 School St

Rehoboth, MA 02769

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02769 carries an estimated $1,970/mo in gross rent — about a 2.16% cap rate and $12,980/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,744

Style

Single Family

Built

1987

*BRAND NEW 4 BED SEPTIC INSTALLED* Back on market. Prior buyer's home-sale contingency was not satisfied; 48-hr kick out clause. Nestled on a private, peaceful lot in desirable Rehoboth, this beautifully maintained 3-bedroom, 1.5-bath home offers the perfect blend of comfort, updates, and tranquility. The inviting floor plan features an updated kitchen (2016), a spacious primary bedroom with a private half bath, and a finished lower level ideal for a family room, home office, or gym. Relax or entertain on the expansive deck (2021) overlooking the serene backyard. Major updates include a new roof, siding, and kitchen (2016), Andersen replacement windows (2006), furnace and hot water heater (2011), newer electrical panel, central air, and a whole-house filtration system installed in 2024. Enjoy the privacy of country living. Move right in and make this exceptional home 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: 872 sq ft (the lesser of 900 sq ft or half the 1,744 sq ft principal dwelling). Lot size: 89,621 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.