Investment Analysis — 687 Main St

Wareham, MA 02571

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02571 carries an estimated $3,390/mo in gross rent — about a 3.44% cap rate and $25,408/yr in estimated NOI at the $739,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,960

Style

Single Family

Built

1810

Welcome to 687 Main Street in Wareham! This charming 2960 square-foot Georgian Colonial, built in 1810, is nestled on over an acre of gently sloping land and is move-in ready. Recent updates include new carpeting, fresh interior paint, beautifully refinished hardwood floors, new kitchen appliances, and granite countertops. The first and second floors each offer a spacious primary bedroom suite, providing flexibility and privacy for family, guests, or extended living arrangements. With its historic character, generous lot, and thoughtful updates, this home offers a wonderful opportunity to enjoy the charm of a classic Colonial with modern conveniences. Schedule your private showing today!

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 2,960 sq ft principal dwelling). Lot size: 50,187 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 MLS and other third-party data may be inaccurate or out of date.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.