861 Pine Hill Dr New Bedford — Photo 1 of 37
$629,000
Investment Analysis — 861 Pine Hill Dr
New Bedford, MA 02745
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02745 carries an estimated $1,790/mo in gross rent — about a 1.62% cap rate and $10,195/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,700
Style
Single Family
Built
1965
Welcome to 861 Pine Hill Dr, a unique North End home nestled on a desirable corner lot in a quiet neighborhood. Offering 3 bedrooms, 3 bathrooms, and a finished basement configured as a studio with separate entertainment and sleeping space. This home provides a versatile layout designed for both privacy and everyday living. The spacious primary suite is tucked away in its own separate wing, creating a private retreat from the main living areas. A large heated and cooled sunroom is with natural light year-round and offers the perfect space to relax, entertain, or enjoy the surrounding yard. The layout provides endless possibilities that can easily suit any lifestyle. Additional highlights include central air, an attached garage, fenced-in yard, and a second-floor balcony. With its distinctive layout, abundant natural light, flexible living spaces, and thoughtful features, this property is a must-see!
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 2,700 sq ft principal dwelling). Lot size: 9,274 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: Tai Gonsalves
Listing Office: Keller Williams South Watuppa
MLS® Number: 73574647
