Investment Analysis — 53 Main Ave

Wareham, MA 02538 — Riverside

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02538 carries an estimated $3,390/mo in gross rent — about a 3.49% cap rate and $27,032/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,602

Style

Single Family

Built

1945

Stop searching—you’ve found the home that delivers space, style, flexibility, and an unbeatable Cape Cod coastal lifestyle! Step inside to enjoy an updated kitchen and baths that make everyday living and entertaining feel fresh and effortless. A whole-house generator provides valuable peace of mind, while the above-ground pool creates your own private summer retreat. The spacious floor plan gives everyone room to spread out, and the oversized two-car garage offers exceptional space for vehicles, storage, hobbies, and beach gear. Enjoy a peekaboo water view, walk just steps to the beach, and take a short stroll to the village center for the best of seaside village living . Best of all, the modern, sparkling 750+ sq. ft. ADU opens the door to incredible possibilities—use it for guests, extended family, a private work-from-home space, or potential rental income. Whether you’re searching for a family home, a vacation getaway, or an investment property, this exceptional property checks all the boxes. Your first opportunity to see it is Saturday, 10/10—don’t wait and risk missing out. The open house is from 11:00 a.m. to 1:00 p.m., with appointments available before and after. Make your plans now, experience everything this property offers, and be ready to make it yours!

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 2,602 sq ft principal dwelling). Lot size: 11,000 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.

No longer available to tour