Active
26 Days on market
512 Prescott St New Bedford — Photo 1 of 28

512 Prescott St New Bedford — Photo 1 of 28

Recent Drop: $10,900

$549,900
$539,000

$539,000

Investment Analysis — 512 Prescott St

New Bedford, MA 02746

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02746 carries an estimated $2,230/mo in gross rent — about a 2.74% cap rate and $14,792/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,223

Style

Single Family

Built

1998

This adorable 4 bedroom 3 full bath cape in one of New Bedford's most sought-after neighborhoods offers flexible living space and versatility. The main home feature 3 bedrooms, 2 full baths, an eat-in kitchen with stainless steel appliances and an island as well as a large living room. The finished lower level offers an ideal in-law or extended living setup, complete with its own walkout entrance, full-size windows, kitchen, bedroom, living room, and full bath. Whether you are looking for space for extended family, guests, or a flexible living arrangement, this additional space offers endless possibilities. Exterior features include a fenced-in yard, shed and a newly updated deck, porch, roof and windows.

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 2,223 sq ft principal dwelling). Lot size: 6,024 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$549,900
Annual Taxes$5,546

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Finished

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.14
SqFt Lot6,024
Lot Features--

Neighborhood

Shopping

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Basement
Family RoomBedroom 4Bathroom 3
Living Room
Lvl First

17.8 x 11

Dining Room
Lvl First

10.11 x 6.11

Kitchen
Lvl First

10.6 x 11

Family Room
Lvl Basement

17 x 11

Primary Bedroom
Lvl First

15.3 x 11

Bedroom 2
Lvl First

13.5 x 11

Bedroom 3
Lvl Second

38.8 x 15

Bedroom 4
Lvl Basement

14.11 x 11

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Basement

Bathroom - Full

Property History

Price Drop
$539,000

Was $549,900

Sep 12, 2026

MLS® 73565946

Listed
$549,900

Aug 19, 2026

MLS® 73565946

Listing Provided By

Listing Agent: Jennifer Daponte

Listing Office: Keller Williams Coastal

MLS® Number: 73565946