Investment Analysis — 1 Thatcher St

New Bedford, MA 02744 — South End

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02744 carries an estimated $1,490/mo in gross rent — about a 2.97% cap rate and $10,406/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

772

Style

Single Family

Built

1896

Charming and move-in ready 2-bedroom, 1-bath cottage-style home located in New Bedford’s desirable South End! Enjoy easy access to New Bedford’s “Blue Lane” waterfront trail network, featuring the CoveWalk, HarborWalk, beaches, Hazelwood Park, and scenic coastal views.This updated home offers warm wood floors, an inviting layout, and low-maintenance living with the perfect blend of comfort and coastal charm. The private backyard retreat creates an ideal setting for relaxing, entertaining, or enjoying summer evenings outdoors. Perfect for first-time buyers, downsizers, or anyone seeking a turnkey home near the water. Don’t miss this South End gem!Easy to show. Call or text for a private showing appointment.

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: 386 sq ft (the lesser of 900 sq ft or half the 772 sq ft principal dwelling). Lot size: 1,215 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 MLS and other third-party data may be inaccurate or out of date.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.

No longer available to tour