1025 Cherokee St New Bedford — Photo 1 of 33
$429,900
Investment Analysis — 1025 Cherokee St
New Bedford, MA 02745
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 2.75% cap rate and $11,818/yr in estimated NOI at the $429,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,186
Style
Single Family
Built
1976
Now is your chance to purchase a meticulously maintained single-family ranch home, in the desirable Sassaquin area of New Bedford. This one-owner home was constructed in 1976, and offers 3 bedrooms, 1.5 baths and 1,186 square feet of refined living space. This property presents a distinguished opportunity for individuals seeking a harmonious blend of comfort and functionality in fantastic location. The full basement can definitely be finished to provide more usable space and features a workshop currently. A generous 10,001 square foot lot provides an expansive private yard, while a single car garage offers secure parking and additional storage solutions. There is also a security system present for peace of mind. We invite you to come tour the open house this Saturday, September 5th from 10:00am to 11:30am or schedule a private showing to fully appreciate the unique attributes of this exceptional property.
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: 593 sq ft (the lesser of 900 sq ft or half the 1,186 sq ft principal dwelling). Lot size: 10,001 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Highway Access • Public School
Geography
Listing Agent: Eddie Veiga
Listing Office: Century 21 Signature Properties
MLS® Number: 73571347
