
129 Balsam St Fairhaven — Photo 1 of 36
$699,000
Investment Analysis — 129 Balsam St
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02719 carries an estimated $1,470/mo in gross rent — about a 1.24% cap rate and $8,675/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,120
Style
Single Family
Built
2000
Experience the coastal lifestyle of West Island, where beach days, salt air, boating, and the natural beauty of Buzzards Bay are part of everyday life. Set in one of Fairhaven’s most distinctive seaside communities, 129 Balsam Street offers the opportunity to enjoy island living as a year-round residence, summer retreat, or coastal getaway. The home’s comfortable layout provides inviting spaces for gathering, relaxing, and entertaining, while its location puts the best of West Island right outside your door. Spend summer days at West Island Town Beach, explore the shoreline and walking trails of the West Island State Reservation, launch a kayak or paddleboard, or simply enjoy an evening walk as the sun sets over the island. West Island is connected to the mainland by causeway, giving you the atmosphere of an island community without sacrificing convenient access to Fairhaven, New Bedford, shopping, dining, marinas, and major routes. Whether you're searching for a Fairhaven beach house, a South Coast vacation home, or a place to embrace a quieter coastal lifestyle year-round, 129 Balsam Street delivers a location that is increasingly difficult to replicate. Come discover why West Island remains one of the South Coast’s most sought-after coastal communities. Schedule your private showing today.
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: 560 sq ft (the lesser of 900 sq ft or half the 1,120 sq ft principal dwelling). Lot size: 5,998 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
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Conservation Area • Marina
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12.5 x 15.833333333
Flooring - Wall to Wall Carpet, Cable Hookup
Dining Room
Lvl First13.916666666 x 7.083333333
Flooring - Hardwood
Kitchen
Lvl Main,First13.916666666 x 11.583333333
Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl Main,First13 x 14.666666666
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl Main,First13.083333333 x 12
Bathroom 1
Lvl Main,First8.583333333 x 4.916666666
Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Laminate, Lighting - Overhead
Bathroom 2
Lvl Main,First7.333333333 x 9.416666666
Bathroom - Full, Bathroom - With Tub & Shower, Ceiling Fan(s), Closet, Flooring - Laminate
Listing Agent: Bradford Thelin
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73570486