Investment Analysis — 769 New Plainville Rd

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 1.53% cap rate and $9,430/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,908

Style

Single Family

Built

2003

Welcome to 769 New Plainville Road! This beautifully maintained home offers an inviting open floor plan with hardwood floors, crown molding, and a fireplace creating a warm and comfortable living space. The updated kitchen opens to an oversized deck overlooking a private fenced backyard, complete with an above-ground saltwater pool, perfect for summer entertaining and relaxing. The finished lower level adds exceptional versatility with a second kitchen featuring granite countertops and stainless-steel appliances, a remodeled full bath with a spacious walk-in shower, bright sunroom, and two additional bonus rooms ideal for a home office, gym, guest space, or hobbies. Central air and paid-in-full solar panels add to the home's appeal. A wonderful opportunity with flexible living space and desirable outdoor amenities!

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 1,908 sq ft principal dwelling). Lot size: 12,558 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.