256 Green St Fairhaven — Photo 1 of 28
$399,900
Investment Analysis — 256 Green St
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02719 carries an estimated $1,760/mo in gross rent — about a 3.21% cap rate and $12,826/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
936
Style
Single Family
Built
1920
Opportunity awaits in this charming cottage-style home located in Fairhaven! Full of potential, this home is ready for your vision and updates. The first floor features a living room, dining room, kitchen, full bath, and two bedrooms, offering convenient one-level living. Upstairs, you'll find a spacious third bedroom that could be transformed into a private primary suite, playroom or home office. Enjoy your morning coffee or unwind at the end of the day in the enclosed front porch. Outside, the backyard provides space for gardening, pets, entertaining, or simply relaxing. Whether you're a first-time buyer, investor, or someone looking for a project, this property offers a great opportunity to build equity and make it your own. Conveniently located near Fairhaven's beaches, schools, shopping, restaurants, and highway. Bring your ideas and unlock the potential 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: 468 sq ft (the lesser of 900 sq ft or half the 936 sq ft principal dwelling). Lot size: 13,617 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
Gas Water Heater
Neighborhood
Shopping • Walk/Jog Trails • Bike Path • Highway Access • House of Worship • Marina
Geography
Listing Agent: Lori Pacheco
Listing Office: Anne Whiting Real Estate
MLS® Number: 73555200
