104 Balsam St. Fairhaven — Photo 1 of 33
$1,149,900
Investment Analysis — 104 Balsam St.
Fairhaven, MA 02719 — West Island
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02719 carries an estimated $1,470/mo in gross rent — about a 0.53% cap rate and $6,117/yr in estimated NOI at the $1,149,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,030
Style
Single Family
Built
1955
Waterfront living awaits on West Island! Whether you’re looking for a year-round residence or a summer getaway, this stunning two-bedroom home offers breathtaking water views from nearly every window.The home features a brand-new kitchen, an open floor plan with a spacious feel, and low-maintenance gray plank vinyl flooring throughout. Enjoy cozy evenings by the gas fireplace, along with efficient heating and cooling from split systems.Step outside to your own private beach directly in front of the house, a level grassy backyard with a horseshoe pit, and an outdoor shower. The large deck is the perfect spot to relax and take in beautiful sunsets over the water. The living room boasts oversized replacement picture windows overlooking the waterfront.Additional amenities include a recently renovated shed and improved bathroom. Don’t miss the chance to be settled in and enjoying what's left of the warm weather at this special waterfront home—you may never want to leave!
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: 515 sq ft (the lesser of 900 sq ft or half the 1,030 sq ft principal dwelling). Lot size: 21,301 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
Range • Refrigerator
Neighborhood
Walk/Jog Trails • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstListing Agent: Cassie Canastra
Listing Office: Milestone Realty, Inc.
MLS® Number: 73560128
