30 Arnold Place New Bedford — Photo 1 of 42
$875,000
Investment Analysis — 30 Arnold Place
New Bedford, MA 02740 — Center
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02740 carries an estimated $2,200/mo in gross rent — about a 1.37% cap rate and $12,019/yr in estimated NOI at the $875,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,736
Style
Single Family
Built
1896
Built in 1896 by Willard Nye, Jr., this remarkable home stands out as one of New Bedford’s most unique properties. Nestled on a charming tree-lined street, its exterior features rough fieldstone sourced from the stone wall that once surrounded the Nye homestead. Inside, the layout flows seamlessly, perfectly suited for modern living. The sprawling fireplaced living room opens to the study or home office. The residence includes four bedrooms, two full bathrooms and one-half bathroom with laundry. The property further benefits from a private yard, complete with an inground pool offering an exclusive outdoor retreat, Architectural elements include a distinctive gambrel roof with a slate finish. Walking distance to shopping, restaurants, museums and the train station make this a MUST SEE home.
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 3,736 sq ft principal dwelling). Lot size: 13,303 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 MLS and other third-party data may be inaccurate or out of date.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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Property Details
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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondListing Agent: Diana Henry
Listing Office: Diana Henry Realty
MLS® Number: 73569578
