Investment Analysis — 24 Broadmarsh Ave

Wareham, MA 02571 — Swifts Beach

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02571 carries an estimated $3,080/mo in gross rent — about a 5.86% cap rate and $25,180/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

824

Style

Single Family

Built

1950

Opportunity awaits at 24 Broadmarsh Avenue, a year-round 3-bedroom home in a quiet coastal Wareham community just a short distance from the water and town beach. Set toward the outer edge of the neighborhood and away from the main route to the beach, the property offers a more peaceful setting with a sense of separation from the busier parts of the community. Situated on an oversized 9,600 sq. ft. lot—an uncommon find in the area—the property offers water views, off-street parking, town water and sewer, natural gas, and the added benefit of being located outside the flood zone. The 824 sq. ft. home features 5 rooms plus a sunroom, including a living room, kitchen, 3 bedrooms and 1 bath, along with charming original knotty pine and hardwood floors. A 528 sq. ft. basement provides additional utility and storage space. The home is currently livable year-round and needs some repairs, while cosmetic updates can be done over time to suit the next owner’s tastes. Enjoy it as a cozy primary home, retirement retreat or second home, or explore the potential for expansion, an ADU, or redevelopment/new construction. The generous lot also provides excellent space for outdoor entertainment, gardening, or creating your own coastal escape. Property is being sold “as is.” Buyer and buyer’s agent are responsible for conducting their own due diligence regarding property condition, financing, zoning, permitting, and potential uses.

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: 412 sq ft (the lesser of 900 sq ft or half the 824 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.