3 Joy Rd New Bedford — Photo 1 of 25
$655,000
Investment Analysis — 3 Joy Rd
New Bedford, MA 02740
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02740 carries an estimated $1,760/mo in gross rent — about a 1.53% cap rate and $10,044/yr in estimated NOI at the $655,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,904
Style
Single Family
Built
2007
Welcome to this beautifully maintained 3-bedroom, 2.5-bath Colonial located on a quiet cul-de-sac in the highly desirable Zuckerman Farms neighborhood. Built in 2007, this home features a bright, open floor plan perfect for everyday living and entertaining. Enjoy hardwood and tile flooring throughout, central air, central vacuum, and the convenience of an attached two-car garage. Ideally located near shopping, restaurants, schools, and major highways, this move-in-ready home offers the perfect blend of comfort, convenience, and community. Don't miss your opportunity to own a home in one of New Bedford's most sought-after neighborhoods!
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: 900 sq ft (the lesser of 900 sq ft or half the 1,904 sq ft principal dwelling). Lot size: 8,703 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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Ruth Carreiro
Listing Office: Venture
MLS® Number: 73569260
