938 Ocean St Marshfield — Photo 1 of 35
$750,000
Investment Analysis — 938 Ocean St
Marshfield, MA 02050
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02050 carries an estimated $3,080/mo in gross rent — about a 3.05% cap rate and $22,841/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,430
Style
Single Family
Built
1987
Welcome to this move-in-ready coastal retreat in Marshfield’s desirable Fieldston area, just a short stroll from the beach! This beautifully updated home features a new 200-amp electrical panel and service, new water heater, new mini-split system, brand-new kitchen, and new flooring throughout. Enter through the inviting vaulted-ceiling living room, complete with a wood-burning fireplace, creating a warm and welcoming space for relaxing after a day at the beach. The first floor offers a bonus room, full bathroom, and washer/dryer hookups. Upstairs, you’ll find three bedrooms and a full bath, including a primary bedroom with sliding doors leading to a private balcony. Outside, enjoy a sizable yard with plenty of room for entertaining, gardening, or simply enjoying the coastal setting. Located approximately 0.2 miles (about a 5-minute walk) to Fieldston Beach and 0.4 miles (about a 9-minute walk) to Sunrise Beach, this home offers easy access to some of Marshfield’s beautiful coastline. The property is elevated on stilts (elevation certificate attached). A fantastic opportunity to enjoy the coastal lifestyle in a home that is ready for its next owner!
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: 715 sq ft (the lesser of 900 sq ft or half the 1,430 sq ft principal dwelling). Lot size: 13,599 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
Electric Water Heater • Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Cooktop
Geography
Listing Agent: Mayra Rebello
Listing Office: Simple Key Realty Inc.
MLS® Number: 73570676