228 Brook St New Bedford — Photo 1 of 17
$424,900
Investment Analysis — 228 Brook St
New Bedford, MA 02746
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02746 carries an estimated $2,230/mo in gross rent — about a 3.85% cap rate and $16,366/yr in estimated NOI at the $424,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,350
Style
Single Family
Built
1920
Welcome to 228 Brook St! This solid and spacious 4-bedroom home offers approximately 1,350 sq. ft. of living space and a great opportunity to make it your own. The home features an updated kitchen, generously sized bedrooms, a functional layout, a detached 2-car garage, and a walk-up attic offering excellent storage and potential for future expansion. Conveniently located near shopping, area schools, parks, St. Luke’s Hospital, major routes and the New Bedford MBTA Commuter Rail Station with service toward Boston. Vacant and ready for its next owner. Whether you’re looking for a place to home or an opportunity to add your finishing touches and build equity. Easy to show.
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: 675 sq ft (the lesser of 900 sq ft or half the 1,350 sq ft principal dwelling). Lot size: 4,674 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • Public School
Geography
Listing Agent: Jamal Adrien
Listing Office: Zander Realty Group
MLS® Number: 73579918
