
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Dining Room
Lvl First13 x 12
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Kitchen
Lvl Main,First20 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 First14 x 11
Closet, Flooring - Hardwood
Primary Bedroom
Lvl First16 x 14
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl First10 x 9
Bedroom 3
Lvl First11 x 12
Flooring - Wall to Wall Carpet
Listing Agent: Nicole Plante
Listing Office: Even Keel Realty, Inc.
MLS® Number: 73580358








