O N St (Ss) New Bedford — Photo 1 of 4
$279,000
Investment Analysis — O N St (Ss)
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 3.28% cap rate and $9,161/yr in estimated NOI at the $279,000 list price. Adjust every assumption in the calculator below.
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Discover the potential of this prime lot located in the heart of New Bedford. Offering 2 lots # 318 , and 543. approximately 0.3 acres and 12,981 square feet, this property presents a rare opportunity in a desirable coastal city location. Great opportunity to build commercial or residential. Conveniently situated just minutes from the waterfront, downtown New Bedford, and the MBTA South Coast Rail, this lot provides easy access to shopping, dining, highways, and everyday amenities while still maintaining a neighborhood feel. The location combines accessibility, convenience, and long-term value. Don’t miss the chance to secure residential land in one of Southeastern Massachusetts’ growing markets.
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 MLS and other third-party data may be inaccurate or out of date.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
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Listing Agent: Alisia Simpkins
Listing Office: Lion Gate Real Estate, Inc.
MLS® Number: 73519457