Investment Analysis — 124 Felton St.

New Bedford, MA 02745

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02745 carries an estimated $1,790/mo in gross rent — about a 2.50% cap rate and $11,975/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,664

Style

Single Family

Built

1950

SELLER CONCESSION FOR 2-1 BUY DOWN! BUYERS RATE IN FIRST YEAR 2% BELOW CURRENT RATE! CALL FOR DETAILS! Welcome to this charming Colonial, lovingly built by its original owners in 1950 and thoughtfully expanded with an addition in 1993. For more than seven decades, this special home has been the setting for three generations of memories and is now ready to welcome its next chapter. Inside, you’ll find three bedrooms, two full baths, central air conditioning, and generous storage throughout, including a spacious 5' x 7' closet. Charming window seats add warmth and character, while the comfortable layout offers plenty of opportunity to personalize the home and make it your own. Ideally located close to schools, pharmacies, grocery stores, shopping, and everyday conveniences, this home combines a wonderful location with the character and history that only a well-loved home can offer .A special opportunity to become the next caretaker of a home filled with generations of memories—and create new ones of your own.

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: 832 sq ft (the lesser of 900 sq ft or half the 1,664 sq ft principal dwelling). Lot size: 3,202 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.