7 Marks Cove Rd Wareham — Photo 1 of 36
$529,000
Investment Analysis — 7 Marks Cove Rd
Wareham, MA 02571
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02571 carries an estimated $3,080/mo in gross rent — about a 4.65% cap rate and $24,576/yr in estimated NOI at the $529,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,620
Style
Single Family
Built
1984
Welcome to this beautifully maintained raised ranch tucked away on a quiet dead-end road, offering privacy and deeded beach rights to Marks Cove. Set on a large, wooded lot, this property provides plenty of parking, a spacious shed, and a serene setting to enjoy the outdoors. Inside, thoughtful fixtures and well-maintained spaces create a warm and inviting atmosphere. The living room features a gas fireplace, perfect for cozy evenings, while the slider leads to the back deck overlooking the peaceful, wooded yard. The stackable washer/dryer is located on the main level for convenience, and the lower level offers additional living space with a comfortable family/game room and a versatile bonus room ideal for a guest room, home office, or hobby space. A garage with workshop area provides added functionality for projects, storage, or recreational equipment. The basement offers abundant storage along with some plumbing already in place for the future addition of a second bathroom. Recent updates include a new roof installed in 2025.This move-in-ready property is a wonderful opportunity!
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: 10,228 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Medical Facility • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Vinyl, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstFlooring - Vinyl, Slider, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Vinyl, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Lighting - Pendant
Family Room
Lvl BasementCeiling Fan(s), Flooring - Vinyl, Recessed Lighting
Master Bedroom
Lvl FirstCeiling Fan(s), Closet, Flooring - Vinyl, Lighting - Overhead
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCeiling Fan(s), Closet, Flooring - Vinyl, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Vinyl, Lighting - Overhead
Listing Agent: Erin Bishop
Listing Office: Anchor Realty
MLS® Number: 73570846
