58 Oaklawn St New Bedford — Photo 1 of 17
Recent Drop: $100
$419,900
Investment Analysis — 58 Oaklawn St
New Bedford, MA 02744
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02744 carries an estimated $1,490/mo in gross rent — about a 2.24% cap rate and $9,424/yr in estimated NOI at the $419,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,495
Style
Single Family
Built
1922
Enjoy coastal living in this 2-bedroom, 1-bath bungalow located just minutes from the beach and popular waterfront dining in New Bedford. This home offers a great combination of indoor comfort and outdoor space.The property features a finished basement that provides additional living or recreational space, along with washer and dryer hookups for convenience. Upstairs, a bonus room on the second level offers flexible space that could serve as a home office, hobby room, or additional storage. Step outside to enjoy the above-ground pool with a full-sized deck, perfect for relaxing or entertaining during the warmer months. The fenced-in yard still offers plenty of space despite the pool, creating a great setting for outdoor enjoyment. Additional highlights include a garage and convenient proximity to beaches, waterfront dining, and local amenities. This property offers a fantastic opportunity to enjoy coastal living with extra space both inside and out.
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: 748 sq ft (the lesser of 900 sq ft or half the 1,495 sq ft principal dwelling). Lot size: 7,780 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 • Refrigerator
Neighborhood
Public Transportation • Park • Laundromat • Bike Path • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl BasementKitchen
Lvl BasementPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBathroom 1
Lvl BasementProperty History
$419,900
Was $420,000
Sep 8, 2026
MLS® 73560998
$420,000
Aug 8, 2026
MLS® 73560998
$439,900
Aug 4, 2026
MLS® 73493439
$439,900
Mar 30, 2026
MLS® 73493439
Listing Agent: Brandan Burke
Listing Office: Amaral & Associates RE
MLS® Number: 73560998
