Investment Analysis — 65 Armsby St

New Bedford, MA 02745 — North

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 1.50% cap rate and $9,990/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,872

Style

Single Family

Built

2020

Welcome to this beautifully maintained 2020 Colonial in New Bedford's desirable North End, conveniently located just minutes from the commuter rail, shopping, restaurants, schools, and major highways. This move-in-ready home offers a bright, open-concept layout with hardwood floors, abundant natural light, and a cozy gas fireplace that creates a warm and inviting living space. The kitchen features stainless steel appliances and flows seamlessly into the living and dining areas, making it perfect for everyday living and entertaining. The flexible floor plan offers three bedrooms, two full bathrooms, and one half bath, with the formal dining room currently being used as a fourth bedroom. Additional highlights include central air conditioning, a two-car garage, and a spacious, fully fenced backyard ideal for entertaining, pets, or simply relaxing outdoors. Offering modern construction, thoughtful design, and a prime location, this home is ready for its next owner.

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 1,872 sq ft principal dwelling). Lot size: 9,335 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.