Investment Analysis — 1014 Tacoma St

New Bedford, MA 02745 — 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 3.24% cap rate and $16,210/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,003

Style

Single Family

Built

1920

Welcome to 1014 Tacoma Street, a beautifully updated, move-in-ready home in New Bedford’s desirable North End! This spacious property features 4 bedrooms, 1.5 baths, and numerous updates throughout, including an upgraded kitchen and baths. The full finished basement provides fantastic additional living space with a bonus kitchen, laundry area, and plenty of room for entertaining, recreation, or hobbies.Step outside and discover a true backyard retreat on an approximately 10,000 sq. ft. fully fenced lot. Enjoy the spacious deck, above-ground pool, two storage sheds with power, and plenty of room to relax, entertain, garden, or play. A detached garage provides additional parking and storage.Conveniently located in New Bedford’s North End near Greater New Bedford Regional Vocational Technical High School, shopping, dining, highway access, and the MBTA South Coast Rail commuter service—making travel toward Boston and surrounding communities more convenient.With generous indoor and outdoor space, thoughtful updates, and nothing left to do but move in, 1014 Tacoma Street is ready to welcome its new owners!

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: 502 sq ft (the lesser of 900 sq ft or half the 1,003 sq ft principal dwelling). Lot size: 10,799 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.