273 Wood Street New Bedford — Photo 1 of 22
$465,000
Investment Analysis — 273 Wood Street
New Bedford, MA 02745 — Far North
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02745 carries an estimated $2,230/mo in gross rent — about a 3.36% cap rate and $15,606/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,578
Style
Single Family
Built
1920
Beautifully maintained 4 bedroom Bungalow style home, with 2 car detached garage with electricity and ample driveway parking. The main level offers an open concept featuring high ceilings, hardwood floors, and pocket doors between the living and dining areas. First floor features living room, dining room with pellet stove, kitchen, Pantry, den with storage, a bedroom and full bathroom. Second level features Three bedrooms, full bathroom and large storage area. The Master bedroom features built in drawers and a jacuzzi bathtub. Full basement offers plenty of storage. The front of the house features a beautiful front porch and a deck off the back to a fenced in yard with an above ground pool. Close to public transportation and Brooklawn Park, bike path, splash pad, playground and nature center.
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: 789 sq ft (the lesser of 900 sq ft or half the 1,578 sq ft principal dwelling). Lot size: 5,624 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 • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Family Room
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondFlooring - Hardwood
Listing Agent: Joan Sloan
Listing Office: Conway - Mansfield
MLS® Number: 73568202
