245 Wareham Rd Marion — Photo 1 of 41
$675,000
Investment Analysis — 245 Wareham Rd
Marion, MA 02738
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02738 carries an estimated $3,390/mo in gross rent — about a 4.09% cap rate and $27,612/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,620
Style
Single Family
Built
1860
Coastal charm meets modern living in this expanded and renovated 4-bedroom, 2-bath home in the heart of Marion! Enjoy deeded beach access to Marion's waterfront amenities, including Silvershell Beach, while being moments from village shops, schools and restaurants. Thoughtfully renovated and expanded, this move-in ready home features quality finishes throughout. The kitchen offers custom cabinetry, quartz countertops, a waterfall island, & SS appliances. Bamboo flooring, porcelain tile, crown molding, and recessed lighting add character throughout. Upstairs, cathedral-ceiling bedrooms are filled with natural light. Major updates include siding, roof, windows, doors, plumbing, heating systems, and 200-amp electrical service. Outside, enjoy a Trex deck, fire pit area, fenced backyard, paved driveway, and versatile garage. Whether you're seeking a year-round home, coastal retreat, or investment opportunity, this Marion home offers an exceptional blend of location, lifestyle, and comfort!
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: 810 sq ft (the lesser of 900 sq ft or half the 1,620 sq ft principal dwelling). Lot size: 19,047 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer/Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Wood, Exterior Access, Remodeled, Lighting - Overhead, Decorative Molding
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Pot Filler Faucet
Family Room
Lvl FirstMaster Bedroom
Lvl SecondCeiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wood, Lighting - Overhead, Decorative Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Wood
Bedroom 4
Lvl FirstCeiling Fan(s), Closet, Flooring - Wood
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Soaking Tub
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Pocket Door
Property History
$3,800
Sep 5, 2026
MLS® 73572386
$675,000
Jul 16, 2026
MLS® 73551027
$720,000
Jul 14, 2026
MLS® 73448738
$720,000
Oct 28, 2025
MLS® 73448738
$305,000
Dec 20, 2024
MLS® 73300224
$350,000
Oct 9, 2024
MLS® 73300224
Listing Agent: Melanie Reiscosta
Listing Office: Bold Real Estate Inc.
MLS® Number: 73551027
