181 Manor Drive Lot 8y Fairhaven — Photo 1 of 3
Recent Drop: $6,000
$239,000
Investment Analysis — 181 Manor Drive Lot 8y
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 3.23% cap rate and $7,711/yr in estimated NOI at the $239,000 list price. Adjust every assumption in the calculator below.
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Build your brand-new home on this buildable lot in beautiful Fairhaven! Offering town water and town sewer at the street, this property provides a rare opportunity to construct a brand-new home in a convenient and established area. Enjoy easy access for daily commuting, along with nearby shopping, restaurants, marinas, beaches, bike paths, and coastal amenities. Fairhaven is known for its charming seaside character, historic architecture, vibrant harbor community, and scenic waterfront lifestyle. Spend your summers enjoying Fort Phoenix Beach, local boating and fishing, waterfront dining, and all the charm this highly sought-after coastal town has to offer. Conveniently located near major highways, the South Coast rail connection, and neighboring communities, this is a fantastic opportunity for buyers looking to design and build in one of the South Coast’s most desirable locations.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Laundromat
Geography
Property History
$239,000
Was $239,900
Sep 10, 2026
MLS® 73515638
$239,900
Was $245,000
Jun 29, 2026
MLS® 73515638
$245,000
May 9, 2026
MLS® 73515638
Listing Agent: Melisa Gagne
Listing Office: RE/MAX Vantage
MLS® Number: 73515638