
1510 Padanaram Ave New Bedford — Photo 1 of 17
$549,900
Investment Analysis — 1510 Padanaram Ave
New Bedford, MA 02740
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02740 carries an estimated $1,160/mo in gross rent — about a 0.73% cap rate and $4,005/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
4,600
Style
Other
Built
1930
Seller to offer private financing with 20% down and 6.5% interest rate!! This unique opportunity features private beach access and the option to add your own private dock, making it ideal for a wide variety of high-end uses. Currently a blank slate, the building is a shell—ready for you to customize to suit your vision. Whether you're dreaming of an upscale restaurant, executive office suites, or stylish residential condos, the possibilities are truly endless. Property highlights: Waterfront location with private beach access, Potential for private dock installation Two large loading doors – perfect for continued commercial use Spacious second floor – ideal for offices or possible living quarters Modern, energy-efficient windows throughout Breathtaking water views, especially from the upper level Ample parking with a large paved lot Three-phase electric power Flexible layout – blank canvas for your custom design This is a rare opportunity!!
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Property History
$549,900
Sep 8, 2026
MLS® 73572981
$549,900
Sep 7, 2026
MLS® 73512778
$549,900
May 5, 2026
MLS® 73512778
$599,000
Apr 27, 2026
MLS® 73436523
$599,000
Sep 27, 2025
MLS® 73436523
$649,900
Jul 24, 2025
MLS® 73364508
$649,900
Apr 24, 2025
MLS® 73364508
$699,900
Mar 25, 2025
MLS® 73253873
$699,900
Jun 18, 2024
MLS® 73253873
$300,000
Nov 21, 2007
MLS® 70476390
$300,000
Oct 17, 2006
MLS® 70476390
Listing Agent: Adam R. Amaral
Listing Office: Amaral & Associates RE
MLS® Number: 73572981