Investment Analysis — 58 Willard Street

New Bedford, MA 02744 — Bristol County

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 5-bedroom in 02744 carries an estimated $2,230/mo in gross rent — about a 2.37% cap rate and $16,266/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,144

Style

Single Family

Built

1923

Welcome to the South End, where every day feels like a vacation and the beach is just moments from your front door. Thoughtfully rebuilt and completely reimagined, this stunning coastal home offers the perfect balance of timeless style, modern functionality, and the laid-back lifestyle buyers dream about. Expanded with a full second level, the home features a bright, open-concept design that seamlessly blends spacious living, dining, and entertaining areas. A first-floor bedroom and full bath provide exceptional flexibility for guests, multi-generational living, or a private home office. Upstairs, escape to your luxurious primary suite, complemented by three additional generously sized bedrooms and a beautifully appointed full bath, creating plenty of room for family and friends. Whether you're starting your mornings with a walk on the beach, spending afternoons boating or soaking up the sun, or entertaining after a day on the water, this home offers the coastal lifestyle you've been waiting for. Beautifully renovated from top to bottom and completely move-in ready, this is more than a home—it's an opportunity to live where others vacation.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,144 sq ft principal dwelling). Lot size: 4,317 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.