111 Wareham Lake Shore Dr Wareham — Photo 1 of 9
$510,000
Investment Analysis — 111 Wareham Lake Shore Dr
Wareham, MA 02571
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02571 carries an estimated $2,560/mo in gross rent — about a 3.88% cap rate and $19,768/yr in estimated NOI at the $510,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,200
Style
Single Family
Built
1940
Lovely ranch located in Wareham Lake Shores on over 1 acre. Updates to kitchen and bathroom. Heating system, oil tank, hot water tank and the pellet stove in good condition. Town card says the home is a 2 bedroom. This home also has an addition room with a closet . This is a very unique waterfront property lot; the property extends all the way to Glen Charlie Pond where a private beach and/or dock is possible subject to town approval (prior owners had property surveyed and staked out). The backyard is fenced in for privacy. Lots of storage in partially finished basement and shed with electricity. Passing Title V in hand.Optional HOA fee of $120/yr gives you access to 3 beaches and a boat ramp. The washer and dryer remain. Lot photo from public website. Additional pictures coming.
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: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 47,916 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Master Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Listing Agent: Debi Savard
Listing Office: Fathom Realty MA
MLS® Number: 73570862
