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223 Reed Rd Westport — Photo 1 of 41

223 Reed Rd Westport — Photo 1 of 41

$650,000

Investment Analysis — 223 Reed Rd

Westport, MA 02790

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02790 carries an estimated $2,110/mo in gross rent — about a 2.48% cap rate and $16,110/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,844

Style

Single Family

Built

1973

Welcome to 223 Reed Road in Westport! Don’t let the first impression fool you—this home is much larger than it appears. The main level offers nearly 2,000 square feet of living space, with even more finished space in the basement.The updated kitchen features stainless steel appliances, granite countertops, and an abundance of cabinet space. The kitchen opens nicely to the sunroom and dining room, creating a comfortable space for everyday living and entertaining. The dining room could also easily serve as a living room or gathering space.The traditional raised ranch layout offers three bedrooms and a full bath, but this home goes well beyond the typical floor plan. The current owner expanded the living space, creating an office, large sitting room with a bay window, an additional primary bedroom, and a separate entrance leading to another home office or den. There are plenty of options depending on your needs, whether you are looking for work-from-home space, a guest area, or simply more room to spread out.The lower level offers a finished den on one side, while the other side remains unfinished and provides plenty of storage along with a mudroom, laundry area, and one-car garage.With its generous square footage, flexible floor plan, updated kitchen, and multiple living and work spaces, 223 Reed Road offers far more than meets the eye and plenty of possibilities to make the home work for you. Home has possibilities for an ADU.

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 2,844 sq ft principal dwelling). Lot size: 20,082 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.

Immersive Experience

Property Details

Financials

Original Price$650,000
Annual Taxes$3,133

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms10
FireplacesNone
FlooringVinyl, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete

Climate & Utilities

HeatingBaseboard, Heat Pump, Oil
CoolingWall Unit(s), Heat Pump
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.46
SqFt Lot20,082
Lot FeaturesLevel, Other

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Laundromat • Conservation Area • Highway Access • Public School • Other

Geography

Floorplan Breakdown

Structural Layout

First
Dining RoomOfficePrimary BedroomBedroom 2Bedroom 3
Main,First
Kitchen
Dining Room
Lvl First

13 x 12

Ceiling Fan(s), Flooring - Wall to Wall Carpet

Kitchen
Lvl Main,First

20 x 11

Ceiling Fan(s), Flooring - Laminate, Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Remodeled, Stainless Steel Appliances

Office
Lvl First

14 x 11

Closet, Flooring - Hardwood

Primary Bedroom
Lvl First

16 x 14

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl First

10 x 9

Bedroom 3
Lvl First

11 x 12

Flooring - Wall to Wall Carpet

Listing Provided By

Listing Agent: Nicole Plante

Listing Office: Even Keel Realty, Inc.

MLS® Number: 73580358