Investment Analysis — 0 Kempton St (Ns)

New Bedford, MA 02740 — West

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 1.43% cap rate and $5,712/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

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ATTENTION DEVELOPERS - NEAR SHOVEL-READY 9-UNIT CONDOMINIUM DEVELOPMENT OPPORTUNITY Rare opportunity for a developer to bring nine highly marketable condominium homes to market in a prime New Bedford location with convenient access to downtown and the city’s growing amenities.The proposed three-story condominium development features 9 residential units, with individual units ranging approximately 1,114–1,200 square feet, providing comfortable, efficiently designed living spaces well suited to today’s homebuyer, all offering 2 bedrooms a entertaining size kitchens and living areas.The project comes with fully approved site plans and floor plans, positioning the property close to shovel-ready and allowing a developer to move efficiently toward construction. The approvals and completed planning significantly reduce the time and uncertainty associated with bringing a new residential project through the entitlement process.Located along a major access route to Downtown New Bedford, the property offers residents convenient connectivity to employment, restaurants, shopping, waterfront attractions, transportation and the many ongoing investments reshaping the city.With 9 new condominium homes, favorable unit sizes, an established approval package and a location serving New Bedford’s expanding residential market, this is an opportunity for a developer to create a quality housing product while capitalizing on the continued growth and revitalization of the city.Key Highlights:9-unit condominium development.CLICK ON LISTING DOCUMENTS ICON IN TOOL BAR FOR PLANS & DESIGN

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.