Investment Analysis — 60 Newton St

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02740 carries an estimated $2,200/mo in gross rent — about a 4.29% cap rate and $16,086/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,358

Style

Single Family

Built

1912

Timeless charm and modern conveniences blend seamlessly at 60 Newton St. Located approximately one mile from Buttonwood Park and three miles to the MBTA station, this bright and airy four bedroom, one bathroom home in the heart of New Bedford truly cannot be missed. Gleaming floors, coffered ceilings and unique woodwork highlight the architecture while solar panels, a brand new heating system and a new driveway means less maintenance and more savings. Off street parking and yard space truly make this property a complete package, schedule a showing today!

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: 679 sq ft (the lesser of 900 sq ft or half the 1,358 sq ft principal dwelling). Lot size: 2,901 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 MLS and other third-party data may be inaccurate or out of date.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.