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11 Days on market
129 Balsam St Fairhaven — Photo 1 of 36

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.

View Standard Listing

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

Original Price$699,000
Annual Taxes$4,731

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Laminate, Hardwood, Flooring - Wood
BasementFull, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Heat Pump, Oil
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres0.14
SqFt Lot5,998
Lot FeaturesCleared, Level

Amenities & Appliances

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

Neighborhood

Shopping • Conservation Area • Marina

Geography

Floorplan Breakdown

Structural Layout

First
Dining Room
Main,First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl Main,First

12.5 x 15.833333333

Flooring - Wall to Wall Carpet, Cable Hookup

Dining Room
Lvl First

13.916666666 x 7.083333333

Flooring - Hardwood

Kitchen
Lvl Main,First

13.916666666 x 11.583333333

Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Exterior Access, Lighting - Overhead

Master Bedroom
Lvl Main,First

13 x 14.666666666

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl Main,First

13.083333333 x 12

Bathroom 1
Lvl Main,First

8.583333333 x 4.916666666

Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Laminate, Lighting - Overhead

Bathroom 2
Lvl Main,First

7.333333333 x 9.416666666

Bathroom - Full, Bathroom - With Tub & Shower, Ceiling Fan(s), Closet, Flooring - Laminate

Listing Provided By

Listing Agent: Bradford Thelin

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73570486