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273 Wood Street New Bedford — Photo 1 of 22

273 Wood Street New Bedford — Photo 1 of 22

$465,000

Investment Analysis — 273 Wood Street

New Bedford, MA 02745 — Far North

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02745 carries an estimated $2,230/mo in gross rent — about a 3.36% cap rate and $15,606/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,578

Style

Single Family

Built

1920

Beautifully maintained 4 bedroom Bungalow style home, with 2 car detached garage with electricity and ample driveway parking. The main level offers an open concept featuring high ceilings, hardwood floors, and pocket doors between the living and dining areas. First floor features living room, dining room with pellet stove, kitchen, Pantry, den with storage, a bedroom and full bathroom. Second level features Three bedrooms, full bathroom and large storage area. The Master bedroom features built in drawers and a jacuzzi bathtub. Full basement offers plenty of storage. The front of the house features a beautiful front porch and a deck off the back to a fenced in yard with an above ground pool. Close to public transportation and Brooklawn Park, bike path, splash pad, playground and nature center.

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: 789 sq ft (the lesser of 900 sq ft or half the 1,578 sq ft principal dwelling). Lot size: 5,624 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$465,000
Annual Taxes$4,732

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Tile, Carpet
BasementNone

Climate & Utilities

HeatingHot Water
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRes B

Property & Lot

Acres0.13
SqFt Lot5,624
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily RoomPrimary Bedroom
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile

Family Room
Lvl First

Flooring - Hardwood

Primary Bedroom
Lvl First

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

Flooring - Hardwood

Listing Provided By

Listing Agent: Joan Sloan

Listing Office: Conway - Mansfield

MLS® Number: 73568202