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50 Days on market

70 Fairmount St New Bedford — Photo 1 of 41

$525,000

Investment Analysis — 70 Fairmount St

New Bedford, MA 02740 — West

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 2.24% cap rate and $11,763/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,562

Style

Single Family

Built

1967

Some homes just need to be seen in person—and 70 Fairmount Street is one of them! This beautifully maintained 3-bedroom, 1.5-bath home is truly move-in ready and has been lovingly cared for inside and out. The inviting layout offers comfortable living space, while the beautifully kept yard gives you plenty of room to relax, entertain, or enjoy time outdoors.Located just minutes from Buttonwood Park and convenient to highways, shopping, restaurants, and everyday amenities, you’ll love having so much close by while still feeling at home in an established neighborhood.Even better, many of the big-ticket improvements have already been taken care of, including a newer roof with a transferable 50-year warranty, replacement of all but one window, a radon mitigation system, French drains, and water-vapor wall insulation.The photos simply don’t do this home justice. If you’ve been scrolling past it online, come see it in person—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: 781 sq ft (the lesser of 900 sq ft or half the 1,562 sq ft principal dwelling). Lot size: 9,204 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.