6 Sandpiper Terrace Wareham — Photo 1 of 20
$489,900
Investment Analysis — 6 Sandpiper Terrace
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 3.92% cap rate and $19,181/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
880
Style
Single Family
Built
1968
A direct waterfront on the Agawam River under $500,000-YES, it is possible! The property is located at the end of a quiet neighborhood making for an amazing retreat that will only increase in value with a little imagination and sweat equity or enjoy the genuine retro cape vibe this home exudes throughout. Either way this sunny two bedroom home with a light and bright sun porch will charm! Current set up sleeps 6 comfortably. An attached garage is located around the back of the property with an exterior accessed walk-out basement. Plenty of storage for kayaks, bikes, fishing gear etc. or bring ideas on what your additional finished space here could be. Basement has hook-up in place for an additional bathroom and kitchen. Large deck to the rear of the property was perfect for entertaining and watching wildlife as the sunset, however, is no longer operational. See Wareham town hall on all future dock requirements. Estate sale, as-is/as-seen. Buyer responsible smoke certification and for septic testing and compliance. Will not qualify for FHA/VA loans. All info here provided by public record and deemed correct, buyer'/buyer's agent to do due diligence prior offer submission.
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: 440 sq ft (the lesser of 900 sq ft or half the 880 sq ft principal dwelling).
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.
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Amenities & Appliances
Range • Refrigerator
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Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Laundromat
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Listing Agent: Catherine Casoli
Listing Office: Upper Cape Realty Corp.
MLS® Number: 73575235
