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1,3 &5 Blissful Lane Wareham — Photo 1 of 8

1,3 &5 Blissful Lane Wareham — Photo 1 of 8

$369,900

Investment Analysis — 1,3 &5 Blissful Lane

Wareham, MA 02538 — East Wareham

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02538 carries an estimated $2,560/mo in gross rent — about a 5.65% cap rate and $20,899/yr in estimated NOI at the $369,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

560

Style

Single Family

Built

1960

Discover a unique opportunity at 1, 3 & 5 Blissful Lane in Wareham, MA. Built in 1960, this single-family residence offers 560 square feet of thoughtfully designed living space, promising a lifestyle of ease and tranquility with its lovely water views of the Agawam River Lake. The property features two comfortable bedrooms, providing private retreats for rest and relaxation. A well-appointed full bathroom serves the home, offering convenience and functionality. Spanning an expansive 21,940 square feet, the generous lot size provides ample outdoor space for leisure and potential expansion. This inviting property offers a distinctive blend of comfort and possibility, ready to inspire your next chapter. Expand existing house, add an ADU or start over. The property is being sold As-Is, septic is buyers' responsibility.

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: 280 sq ft (the lesser of 900 sq ft or half the 560 sq ft principal dwelling). Lot size: 21,940 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$369,900
Annual Taxes$2,448

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR130

Property & Lot

Acres0.5
SqFt Lot21,940
Lot FeaturesWooded, Gentle Sloping, Sloped

Amenities & Appliances

Gas Water Heater • Range • Refrigerator

Neighborhood

Shopping • Medical Facility • Conservation Area • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Eileen Prisco

Listing Office: Prisco's Five Star Real Estate

MLS® Number: 73544526