Investment Analysis — 950 Glen 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 2.68% cap rate and $10,857/yr in estimated NOI at the $405,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,419

Style

Single Family

Built

1914

Solid 3 bedroom offering in the North End of New Bedford on a dead end street. Desirable location offering privacy and a quiet street, while being conveniently located to all necessities and highway access. The first floor is a relatively open layout with an eat-in kitchen, living room, family room, and full bathroom. The kitchen has granite counters and a washer and dryer hookup. All 3 bedrooms are on the second floor. The property includes a 2 car garage, a deck with an above ground pool, a playhouse, and privacy fencing. The boiler is less than 3 years old. Generator switch.

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: 710 sq ft (the lesser of 900 sq ft or half the 1,419 sq ft principal dwelling). Lot size: 9,600 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 MLS and other third-party data may be inaccurate or out of date.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.