16 Reservation Rd Fairhaven — Photo 1 of 38
Recent Drop: $50,000
$699,800
Investment Analysis — 16 Reservation Rd
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02719 carries an estimated $1,760/mo in gross rent — about a 1.36% cap rate and $9,535/yr in estimated NOI at the $699,800 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,936
Style
Single Family
Built
1937
Previous buyers were unable to fulfill their home sale contingency. YEAR ROUND WATERFRONT - Amazing views & water access! This home offers flexible layout options. The wall of windows on the first floor overlook the water & provide magnificent light throughout the day. The first floor living room highlights a beautiful brick fireplace serving as a focal point for gatherings, while the beamed ceiling & wood wall add character & a sense of charm. First floor - 2 bedrooms & a full bathroom. Second floor - additional bedroom, full bathroom, & front to back family room. Second floor bathroom is appointed with a tiled walk-in shower & double vanity, offering both convenience & a touch of luxury. This home is perfect for outdoor entertaining & also features an outdoor shower, a large patio which is partially covered, as well as a balcony and deck where one can relax & enjoy the never-ending beauty of a waterfront view. A year round home with a vacation view!
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 1,936 sq ft principal dwelling). Lot size: 5,937 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator
Neighborhood
Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl SecondPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$699,800
Was $739,800
Jul 31, 2026
MLS® 73507675
$739,800
Was $749,800
Jul 10, 2026
MLS® 73507675
$749,800
Apr 27, 2026
MLS® 73507675
$798,800
Feb 2, 2026
MLS® 73433810
$798,800
Sep 22, 2025
MLS® 73433810
Listing Agent: Mia Holland
Listing Office: LPT Realty - Home & Key Group
MLS® Number: 73507675