
61 Water Street Rehoboth — Photo 1 of 40
$850,000
Investment Analysis — 61 Water Street
Rehoboth, MA 02769 — South Rehoboth
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02769 carries an estimated $2,340/mo in gross rent — about a 1.65% cap rate and $14,013/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
2,581
Style
Single Family
Built
1980
Discover an exceptional lifestyle opportunity at 61 Water, Rehoboth, MA. This attractive single-family residence, built in 1980, offers 2581 square feet of meticulously maintained living space. The heart of the home is undoubtedly its inviting kitchen. Designed for both culinary artistry and casual gathering, it features a double oven and a central island, complete with an integrated sink, fostering an environment where entertaining and everyday living seamlessly intertwine. Adjacent to this, the living room provides a comfortable retreat, centered around a welcoming fireplace, perfect for tranquil evenings. The primary bed and private bath offering a double vanity and a spacious walk-in shower, providing a spa-like experience within the comfort of your home. There are gleaming harwood floors throughout the 4 beds, family room, and dining room. For multigenerational living there is a private in-law with one bedroom, a full bath, family room, and a beautiful 4 season room. Beyond the interior, the property truly shines with its expansive private yard, spanning over 60,000 square feet. This outdoor sanctuary includes a dedicated fire pit for starlit gatherings, an inviting outdoor dining area, and a generous outdoor living space, all complemented by beautiful stone patio's and porch. With a three-car garage, convenience is also paramount. This property is a singular offering, promising a life of comfort, style, and unparalleled outdoor enjoyment.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,581 sq ft principal dwelling). Lot size: 60,871 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
Water Heater • Dishwasher • Microwave • Range • Refrigerator
Neighborhood
Shopping • Stable(s) • Golf • Public School
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl MainFlooring - Wood
Kitchen
Lvl MainFlooring - Stone/Ceramic Tile
Family Room
Lvl MainFlooring - Wood
Master Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl FirstBedroom 5
Lvl MainBathroom - Full, Closet, Cable Hookup, Exterior Access
Listing Agent: Lisa Halajko
Listing Office: Blu Sky Real Estate
MLS® Number: 73561736
