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3 Days on market
23 Colonial Way Rehoboth — Photo 1 of 36

23 Colonial Way Rehoboth — Photo 1 of 36

$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 4-bedroom in 02769 carries an estimated $2,340/mo in gross rent — about a 2.49% cap rate and $16,449/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,146

Style

Single Family

Built

1966

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.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,146 sq ft principal dwelling). Lot size: 45,302 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.

Open Houses

Property Details

Financials

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

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Vinyl
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterCistern
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.04
SqFt Lot45,302
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Cooktop • Oven • Plumbed For Ice Maker

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
Family RoomPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Main,First
Living RoomKitchen
Unknown
Dining Room
Living Room
Lvl Main,First

Closet, Flooring - Wall to Wall Carpet, Flooring - Vinyl, Exterior Access

Dining Room
Lvl null

Flooring - Vinyl, Lighting - Pendant

Kitchen
Lvl Main,First

Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances

Family Room
Lvl First

Flooring - Vinyl, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access

Primary Bedroom
Lvl First

Bathroom - Half, Closet, Flooring - Vinyl

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Closet, Flooring - Vinyl

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl First

Bathroom - Half, Flooring - Vinyl

Property History

Listed
$659,900

Sep 17, 2026

MLS® 73578763

Listed
$659,900

Sep 17, 2026

MLS® 73576830

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: 73578763