Active
59 Days on market
225 E Water St Rockland — Photo 1 of 42

225 E Water St Rockland — Photo 1 of 42

Recent Drop: $24,000

$599,000
$575,000

$575,000

Investment Analysis — 225 E Water St

Rockland, MA 02370

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02370 carries an estimated $3,080/mo in gross rent — about a 3.62% cap rate and $20,812/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,579

Style

Single Family

Built

1880

Prepare to fall in love with 225 East Water Street, a home that perfectly captures the balance between classic New England character and modern finishes. Inside, the home feels airy and bright, with sun-drenched rooms that highlight thoughtful updates throughout. The transition between spaces feels natural, anchored by rich flooring and architectural details that nod to the home’s original soul. The first floor is highlighted by an expansive kitchen, large living room, mud/laundry room, and full bathroom. Upstairs you'll find three bedrooms and an additional full renovated bathroom, adding to everyday convenience. Outside, the property provides a generous backdrop for summer gatherings with updated decking, a new patio, gazebo, and above-ground pool. With easy access to local favorites and commuter routes, this is more than just a house—it’s a place to truly plant your roots. Don't miss the chance to make this blend of timeless style and modern comfort your own.

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: 790 sq ft (the lesser of 900 sq ft or half the 1,579 sq ft principal dwelling). Lot size: 11,443 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$599,000
Annual Taxes$7,278

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms7
FireplacesNone
FlooringFlooring - Wood
BasementFull, Interior Entry, Sump Pump, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningRESIDE

Property & Lot

Acres0.26
SqFt Lot11,443
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

16 x 14

Flooring - Hardwood

Dining Room
Lvl First

10 x 10

Flooring - Wood, Recessed Lighting

Kitchen
Lvl First

12 x 15

Flooring - Wood, Countertops - Stone/Granite/Solid, Recessed Lighting

Master Bedroom
Lvl Second

16 x 14

Ceiling Fan(s), Walk-In Closet(s)

Bedroom 2
Lvl Second

12 x 13

Bedroom 3
Lvl Second

13 x 12

Ceiling Fan(s), Closet

Bathroom 1
Lvl First

10 x 5

Bathroom - Full

Bathroom 2
Lvl Second

6 x 10

Bathroom - Full

Property History

Price Drop
$575,000

Was $589,000

Aug 18, 2026

MLS® 73550386

Price Drop
$589,000

Was $599,000

Jul 23, 2026

MLS® 73550386

Listed
$599,000

Jul 15, 2026

MLS® 73550386

Listing Provided By

Listing Agent: Jameson Lee

Listing Office: Compass

MLS® Number: 73550386