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12 Riverside Dr Berkley — Photo 1 of 42

12 Riverside Dr Berkley — Photo 1 of 42

$1,049,000

Investment Analysis — 12 Riverside Dr

Berkley, MA 02779

Based on HUD Small Area Fair Market Rent for Brockton, MA HUD Metro FMR Area, a 3-bedroom in 02779 carries an estimated $2,580/mo in gross rent — about a 1.56% cap rate and $16,345/yr in estimated NOI at the $1,049,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,670

Style

Single Family

Built

1985

Set at the point where Bayview Ave curves into Riverside Drive in Berkley, this extraordinary waterfront estate is a once in a generation opportunity that wraps you in panoramic river views from nearly every window in every room. This is a rare double lot package, combining 12 Riverside Drive at .39 acres and 6 Riverside Drive at .98 acres for almost 1.5 acres total, sold together as one offering, with over 300 feet of direct waterfront and deep water access right at the shoreline, perfect for a dock, a boat, or simply your morning coffee with the tide rolling in. The home itself is every bit as unforgettable as the setting, anchored by a custom built lighthouse that doubles as the staircase to the second floor, a signature detail you will not find anywhere else on the market and one that instantly turns this house into a landmark rather than just another waterfront listing. Whether you are gathered in the kitchen, dining room, living room, or relaxing in one of the second floor bedrooms, you are surrounded by sweeping, uninterrupted views of the Assonet and Taunton Rivers that change with the light throughout the day. Downstairs, a full walkout basement opens directly to the grounds, offering a blank canvas for a home gym, guest suite, entertainment space, or whatever your vision calls for, with the same water views following you the entire way. This is riverfront living most buyers only dream about, the kind of setting that makes you ask why anyone would drive to the Cape when this view is already waiting at home. Opportunities like this rarely come to market in Berkley, and when they do, they move fast. Schedule your private showing of 12 and 6 Riverside Drive today and see for yourself why this double lot estate is one of the most exciting properties to hit the market in years.

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: 835 sq ft (the lesser of 900 sq ft or half the 1,670 sq ft principal dwelling). Lot size: 59,677 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

Original Price$1,049,000
Annual Taxes$7,185

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms6
Fireplaces2
FlooringPlywood, Tile, Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingElectric Baseboard, Space Heater, Propane
CoolingWall Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres1.37
SqFt Lot59,677
Lot FeaturesCorner Lot, Flood Plain, Cleared

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Conservation Area • Highway Access • Marina • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
Main,First
Living RoomDining RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Overhead

Dining Room
Lvl Main,First

Beamed Ceilings, Flooring - Wall to Wall Carpet, Window(s) - Picture, Exterior Access, Lighting - Overhead, Half Vaulted Ceiling(s)

Kitchen
Lvl Main,First

Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Country Kitchen, Deck - Exterior, Exterior Access, Open Floorplan, Peninsula, Lighting - Overhead, Half Vaulted Ceiling(s)

Master Bedroom
Lvl Main,First

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wood, Window(s) - Picture

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Remodeled, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Matthew Andrade

Listing Office: Equity Management Realty, LLC

MLS® Number: 73574435