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3 Days on market
23 Colonial Way Rehoboth — Photo 1 of 39

23 Colonial Way Rehoboth — Photo 1 of 39

$659,900

Investment Analysis — 23 Colonial Way

Rehoboth, MA 02769

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-unit multi-family in 02769 carries an estimated $3,290/mo in gross rent — about a 3.81% cap rate and $25,113/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2.5

SqFt

2,146

Style

Multi Family

Built

1967

Welcome home to this beautifully updated 3 bedroom, 1 1/2 bath ranch, perfectly situated on a cul-de-sac with a serene, private yard. This move in ready home blends modern updates with easy, single-level living. Step inside to find brand new vinyl flooring flowing seamlessly throughout the home. The stunning new kitchen features sleek stainless steel appliances and gorgeous upgraded quartz countertops. This kitchen is perfect for everyday living and entertaining alike. Both full bathrooms have been tastefully updated, with the main bath conveniently combining a full laundry area for one level living. A 3 season room off the living area gives views of the beautiful open backyard while keeping you out of the elements. Outside, enjoy your own private retreat in the tranquil backyard, complete with an oversized shed offering excellent storage or workshop potential. A whole-house generator provides added peace of mind year round, no matter the weather. A standout feature of this property is the versatile accessory apartment, complete with its own full kitchen, bathroom with a stand up shower, and a separate private entrance. This area is ideal for extended family, guests, a home office, or potential rental income. Don't miss this rare opportunity to own a thoughtfully updated home with flexible living space in a peaceful location.

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.

Open Houses

Property Details

Financials

Original Price$659,900
Annual Taxes$4,892

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces1
FlooringVinyl, Carpet
BasementFull, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

Heating--
CoolingCentral Air, None
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.04
SqFt Lot45,302
Lot FeaturesWooded

Amenities & Appliances

Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Oven • Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Stable(s) • Golf • Highway Access • Public School

Geography

Property History

Listed
$659,900

Sep 17, 2026

MLS® 73576830

Listed
$659,900

Sep 17, 2026

MLS® 73578763

Expired
$699,900

Jun 30, 2026

MLS® 73466635

Expired
$699,900

Jun 30, 2026

MLS® 73437245

Listed
$699,900

Jan 8, 2026

MLS® 73466635

Expired
$749,900

Dec 31, 2025

MLS® 73440213

Listed
$749,900

Oct 6, 2025

MLS® 73440213

Listed
$699,900

Sep 30, 2025

MLS® 73437245

Listing Provided By

Listing Agent: Ronald Rupp

Listing Office: Evolution Real Estate

MLS® Number: 73576830