0 Morey Lane Fairhaven — Photo 1 of 6
$150,000
Investment Analysis — 0 Morey Lane
Fairhaven, MA 02719
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a home in 02719 carries an estimated $1,160/mo in gross rent — about a 6.27% cap rate and $9,399/yr in estimated NOI at the $150,000 list price. Adjust every assumption in the calculator below.
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Waterfront parcel offering potential for residential development, this property presents an opportunity to explore building possibilities in a scenic coastal setting. The location offers attractive west-facing water views and access to the shoreline, creating a compelling backdrop for a future home. The parcel is currently classified as potentially developable residential land. Conveniently located near local beaches, the town center, amenities, marinas, and coastal attractions, this offering presents a unique opportunity to secure land along the scenic South Coast waterfront.
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 MLS and other third-party data may be inaccurate or out of date.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
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Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Erin Hovan
Listing Office: Compass
MLS® Number: 73501786
