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21 Nelson Avenue Fairhaven — Photo 1 of 28

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.

View Standard Listing

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

Original Price$1,315,000
Annual Taxes$8,721

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Tile, Vinyl, Carpet, Flooring - Vinyl
BasementNone

Climate & Utilities

HeatingBaseboard, Propane, Ductless
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationSlab
ZoningRR

Property & Lot

Acres0.62
SqFt Lot27,107
Lot FeaturesCorner Lot, Flood Plain, Cleared

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Bike Path

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBedroom 3Bathroom 2
Second
KitchenBedroom 2Bathroom 1
Main,Second
Living RoomDining Room
Living Room
Lvl Main,Second

Flooring - Wood, Deck - Exterior, Open Floorplan, Slider

Dining Room
Lvl Main,Second

Flooring - Wood, Deck - Exterior, Open Floorplan, Slider

Kitchen
Lvl Second

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl Third

Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider

Bedroom 2
Lvl Second
Bedroom 3
Lvl Third

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Third

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Team Mcm

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73578120