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4 Days on market

412 Arnold St New Bedford — Photo 1 of 42

$422,900

Investment Analysis — 412 Arnold St

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02740 carries an estimated $1,760/mo in gross rent — about a 2.83% cap rate and $11,982/yr in estimated NOI at the $422,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,647

Style

Single Family

Built

1941

This home offers so much more than you might expect! Step inside this 3-bedroom, 1.5-bath home and discover beautiful hardwood floors, charming crown molding, and an abundance of built-ins that add both character and function. Storage is plentiful throughout, including multiple closets and a cedar closet in the main bedroom. The inviting sunroom offers additional space to relax, read, work from home, or simply enjoy your morning coffee. A one-car garage adds everyday convenience, while the home’s location near Buttonwood Park puts one of the area’s most loved recreational destinations close by. With its classic details, surprising amount of storage, and warm interior character, this is a home that truly needs to be seen from the inside to be appreciated. Schedule your showing—you may be surprised by just how much this home has to offer!

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: 824 sq ft (the lesser of 900 sq ft or half the 1,647 sq ft principal dwelling). Lot size: 2,853 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.