Investment Analysis — 374 Ashley Blvd

New Bedford, MA 02745

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 3.76% cap rate and $16,188/yr in estimated NOI at the $430,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,579

Style

Single Family

Built

1907

This beautifully remodeled 4-bedroom, 2-bathroom charming cottage features a newer roof, updated kitchen appliances and cabinets, fully renovated bathrooms, recessed lighting, and fresh paint throughout. The main bedroom, kitchen, dining room, and one bathroom are conveniently located on the first floor, while the second floor offers three additional bedrooms and the second bathroom. The property also includes a 2-car driveway and a shed for extra storage. Located only minutes from downtown, the waterfront, and major highways. Perfect for easy living with modern amenities and a prime location! less

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: 790 sq ft (the lesser of 900 sq ft or half the 1,579 sq ft principal dwelling). Lot size: 3,276 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 MLS and other third-party data may be inaccurate or out of date.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.