42 Byron St New Bedford — Photo 1 of 25
$430,000
Investment Analysis — 42 Byron St
New Bedford, MA 02740
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-bedroom in 02740 carries an estimated $1,760/mo in gross rent — about a 2.81% cap rate and $12,098/yr in estimated NOI at the $430,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,414
Style
Single Family
Built
1929
Welcome home to this charming and spacious property blending classic character with important modern updates, conveniently located near Bottonwood Park, highways and a short drive to the beach! The exterior features a newer roof, vinyl siding, replacement windows, providing peace of mind for years to come. Enjoy relaxing on the inviting full front porch or entertaining family and friends on the rear deck. Inside, you'll find a large living room and spacious formal dining room, perfect for everyday living and gatherings. The updated kitchen features oak cabinets and beautiful granite countertops, offering both style and functionality. Hardwood floors and crown molding add warmth and timeless character throughout the home. With generously sized rooms, attractive architectural details, and numerous updates already completed, this home offers an ideal combination of comfort, character, and convenience. Don't miss the opportunity to make this well-maintained and inviting property your new 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: 707 sq ft (the lesser of 900 sq ft or half the 1,414 sq ft principal dwelling). Lot size: 3,598 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 • Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 15
Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Crown Molding
Dining Room
Lvl First15 x 13
Flooring - Hardwood, Crown Molding
Kitchen
Lvl First12 x 10
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Primary Bedroom
Lvl First12 x 11
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl First12 x 11
Bedroom 3
Lvl Second30 x 14
Cedar Closet(s), Closet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Tom Neves
Listing Office: eXp Realty LLC
MLS® Number: 73577569