Active
137 Days on market
21 River Rd Marion — Photo 1 of 29

21 River Rd Marion — Photo 1 of 29

$515,000

Investment Analysis — 21 River Rd

Marion, MA 02738

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02738 carries an estimated $2,560/mo in gross rent — about a 3.65% cap rate and $18,801/yr in estimated NOI at the $515,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,416

Style

Single Family

Built

1959

*Welcome Home* Come discover your waterfront sanctuary in Marion. This charming home is filled with natural light, scenic views and features one-level living at it's finest. As you enter the home, you'll find the main kitchen & living room connected by archway. The spacious primary bedroom features direct Jack and Jill bath access and the secondary bedroom is located at the front of the home. The sunroom is a standout space in the home with gorgeous views, and direct access to the back deck. Step outside to enjoy panoramic views of the water from your yard or unwind on the back deck after a day on the water. Whether launching a kayak or pontoon boat for the day, or simply soaking in the tranquil surroundings, this property offers a rare opportunity for waterfront life. More than a home; its a lifestyle. Schedule Your Tour 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: 708 sq ft (the lesser of 900 sq ft or half the 1,416 sq ft principal dwelling). Lot size: 12,782 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$515,000
Annual Taxes$4,546

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
Flooring--
BasementFull, Bulkhead

Climate & Utilities

HeatingOil, Propane
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningRES

Property & Lot

Acres0.29
SqFt Lot12,782
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Main,First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Main,First

16 x 18

French Doors, Recessed Lighting, Lighting - Sconce, Archway

Kitchen
Lvl Main,First

13 x 17

Ceiling Fan(s), Breakfast Bar / Nook, Gas Stove, Lighting - Overhead, Archway

Master Bedroom
Lvl Main,First

13 x 17

Ceiling Fan(s), Lighting - Overhead, Closet - Double

Bedroom 2
Lvl Main,First

13 x 9

Bathroom 1
Lvl Main,First

13 x 9

Bathroom - Full, Closet, Lighting - Sconce, Lighting - Overhead, Pedestal Sink

Listing Provided By

Listing Agent: Stephanie Thompson

Listing Office: Fathom Realty MA

MLS® Number: 73508442