181 Washington Street Fairhaven — Photo 1 of 41
Recent Drop: $15,000
$734,000
Investment Analysis — 181 Washington Street
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 5-bedroom in 02719 carries an estimated $2,200/mo in gross rent — about a 1.73% cap rate and $12,720/yr in estimated NOI at the $734,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
5,388
Style
Single Family
Built
1850
Experience this iconic Fairhaven estate. Less than a mile to the beach, nearby bike path, and all that charming Fairhaven has to offer, this distinguished estate blends timeless elegance with unmatched presence. Set on approximately one acre, the home showcases soaring ceilings, expansive rooms, and beautiful hardwood floors throughout. Sun-filled living and entertaining spaces highlight the home’s rich architectural detail and craftsmanship that simply cannot be replicated today. From grand formal areas to generously sized bedrooms, every room reflects character, history, and refined living. The impressive, gated entrance opens to a long circular driveway, creating a dramatic arrival and ample parking. A rare opportunity to own a distinguished property with space, privacy, and endless potential in a premier coastal 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 5,388 sq ft principal dwelling). Lot size: 22,121 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
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Property History
$734,000
Was $749,000
Jul 25, 2026
MLS® 73512287
$749,000
May 4, 2026
MLS® 73512287
$889,000
May 4, 2026
MLS® 73463604
$889,000
Dec 23, 2025
MLS® 73463604
Listing Agent: Melisa Gagne
Listing Office: RE/MAX Vantage
MLS® Number: 73512287