
107 E. Water Street Rockland — Photo 1 of 34
$544,900
Investment Analysis — 107 E. Water Street
Rockland, MA 02370
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02370 carries an estimated $3,080/mo in gross rent — about a 4.06% cap rate and $22,120/yr in estimated NOI at the $544,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,196
Style
Single Family
Built
1885
Move-in ready and freshly updated, a short walk from the center of Rockland. Hardwood floors run through the home and every room has been newly painted. New light fixtures throughout. The kitchen is bright and open, with granite counters, stainless steel appliances, full cabinetry and room for a table. The living room is spacious and inviting and flows into a formal dining room. First floor laundry keeps the wash out of the basement. A cedar lined walk-in closet and a covered back porch round out the main level. Two bedrooms and the full bath sit on the second level, and a third bedroom with its own closet is on the first floor, which gives you a guest room or a home office without going upstairs. The fenced yard holds an in-ground pool with the liner and pump replaced two years ago, a wide patio for entertaining and grilling, and a storage shed for the mower and the pool gear. The pool heater runs on propane. Six off street spaces on a paved corner drive mean nobody parks on the street. The location is the quiet advantage here. Downtown Rockland is a walk away, so the shops, the coffee and the pharmacy are errands on foot instead of another car trip. The Rockland Rail Trail trailhead sits at Union and East Water. Hartsuff Park and its trails are close by, and the middle school and high school are roughly two tenths of a mile down the road. Commuter rail is about five minutes out at Abington station, with Whitman and South Weymouth close behind. Route 3 and Route 18 are minutes away, the South Shore beaches are about twenty minutes east, and Boston is roughly twenty five miles north. Town water, town sewer, and a level corner lot in a neighborhood the town is actively investing in through the downtown revitalization district along Union Street. Showings start this week. Visit online: https://107eastwaterst.acbrealty.online/ - open house this Saturday and Sunday from 10:30 am to 12 pm.
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: 598 sq ft (the lesser of 900 sq ft or half the 1,196 sq ft principal dwelling). Lot size: 8,471 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
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14.5 x 14
Flooring - Hardwood
Dining Room
Lvl First11.1 x 12.2
Flooring - Hardwood
Kitchen
Lvl First10.5 x 17.1
Flooring - Stone/Ceramic Tile
Family Room
Lvl FirstMaster Bedroom
Lvl Second13.9 x 12.6
Closet, Flooring - Wood
Bedroom 2
Lvl Second9.11 x 14.5
Bedroom 3
Lvl First8.8 x 8.9
Closet
Bedroom 4
Lvl FirstBedroom 5
Lvl SecondBathroom 1
Lvl Second8.1 x 10.7
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Property History
$544,900
Aug 27, 2026
MLS® 73569329
$370,000
Jun 24, 2026
MLS® 73514330
$390,000
May 7, 2026
MLS® 73514330
Listing Agent: Tracey Graceffa
Listing Office: A. C. B. Realty Inc.
MLS® Number: 73569329
