Active

8 Days on market

45 Wheeler St Rehoboth — Photo 1 of 42

$789,000

Investment Analysis — 45 Wheeler St

Rehoboth, MA 02769 — Harris

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02769 carries an estimated $2,340/mo in gross rent — about a 1.95% cap rate and $15,377/yr in estimated NOI at the $789,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

3,225

Style

Single Family

Built

1970

Welcome to this spacious Colonial offering timeless character, generous living space, and an abundance of amenities. Situated on approximately 1.39 acres across from the greens of Crestwood Country Club, this 4-bedroom, 4-bathroom home offers a distinctive combination of charm and versatile living spaces. The inviting interior features a grand two-story foyer with custom ironwork, f oak hardwood floors, and three cozy fireplaces. The flexible floor plan includes an open-concept island kitchen with dining area, main-level bedroom and laundry, sunken living room, and a cathedral-ceiling family room. Upstairs includes the primary bedroom with double closets and an ensuite. Relax year-round in the heated 4-season sunroom with skylights, or host guests in the finished basement featuring a custom oak bar. The exterior is a true retreat: fenced-in Gunite pool with cabana, landscaped grounds, invisible dog fence, and a detached barn/workshop with loft. Includes 2-car attached garage, paved driveway, artesian well, and irrigation system. Conveniently located across from the country club and surrounded by scenic natural beauty, this property presents a unique opportunity to enjoy space, beauty, and a variety of indoor and outdoor amenities.

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 3,225 sq ft principal dwelling). Lot size: 60,548 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.