Active
24 Days on market
61 Water Street Rehoboth — Photo 1 of 40

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.

View Standard Listing

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

Original Price$850,000
Annual Taxes$7,328

Parking

Garage3
Off-Street11

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Hardwood
BasementFull, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPrivate
SewerInspection Required for Sale, Private Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.4
SqFt Lot60,871
Lot FeaturesCorner Lot

Amenities & Appliances

Water Heater • Dishwasher • Microwave • Range • Refrigerator

Neighborhood

Shopping • Stable(s) • Golf • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3
First
Bedroom 4
Main
Dining RoomKitchenFamily RoomBedroom 5
Dining Room
Lvl Main

Flooring - Wood

Kitchen
Lvl Main

Flooring - Stone/Ceramic Tile

Family Room
Lvl Main

Flooring - Wood

Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl First
Bedroom 5
Lvl Main

Bathroom - Full, Closet, Cable Hookup, Exterior Access

Listing Provided By

Listing Agent: Lisa Halajko

Listing Office: Blu Sky Real Estate

MLS® Number: 73561736