
21 Nelson Avenue Fairhaven — Photo 1 of 28
$1,315,000
Investment Analysis — 21 Nelson Avenue
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02719 carries an estimated $1,760/mo in gross rent — about a 0.56% cap rate and $7,330/yr in estimated NOI at the $1,315,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,160
Style
Single Family
Built
1989
Set on over half an acre in desirable Wilbur’s Point, this coastal home captures expansive views of Buzzards Bay from almost every room. Oversized windows, sliding glass doors, and multiple decks keep the water ever present, with views of passing boats, colorful sunsets, and the changing light across the Bay. The main level features an open living and dining area adjoining the kitchen, with a wall of glass framing the water beyond. A new composite deck extends the living space outdoors, creating an ideal setting for dining, entertaining, or simply enjoying the view. Also on this level is a bedroom and full bath with laundry closet, offering flexibility for guests, a home office, or single level living. Upstairs are two additional bedrooms, including a spacious primary bedroom with vaulted ceilings, panoramic water views, and a private deck overlooking the Bay. A second full bath with double vanity completes this level. Below the main floor, additional walk-out space provides flexibility for a gym, playroom or media room. Recent improvements include updated mechanicals, a high-efficiency on-demand heating system, and a backup generator. An attached two-car garage, outdoor shower, generous yard, and nearby beach access further enhance the property. Swimming, kayaking, paddleboarding, biking, and scenic walks are all part of the lifestyle here. With remarkable water views, versatile living space, and easy access to the coast, this home offers a wonderful opportunity to enjoy the South Coast year-round.
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 2,160 sq ft principal dwelling). Lot size: 27,107 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
Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,SecondFlooring - Wood, Deck - Exterior, Open Floorplan, Slider
Dining Room
Lvl Main,SecondFlooring - Wood, Deck - Exterior, Open Floorplan, Slider
Kitchen
Lvl SecondFlooring - Stone/Ceramic Tile
Primary Bedroom
Lvl ThirdVaulted Ceiling(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
Bedroom 2
Lvl SecondBedroom 3
Lvl ThirdFlooring - Wall to Wall Carpet
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl ThirdBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Team Mcm
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73578120