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New Bedford 02745
1394 Phillips Road
$306,000
● House - Off Market

1394 Phillips Road

New Bedford, MA 02745
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$471,038
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

This 4 bedroom colonial is perfectly designed for family living. Nice open floor plan. Oak staircase leads up to second floor where there are 4 bedrooms. Master bedroom offers a full master bathroom and a walk in closet. 3 additional bedrooms have another full bath to share. Large eat-in kitchen with sliding doors opening to a 12 X 10 deck for your outdoor dining or entertaining. Large family room opens to additional living room for your enjoyment. One car garage with a high ceiling. Conveniently located to highway access, schools, grocery stores. Basement is partially finished which makes a great space for a play area or additional sleeping quarters for visiting guests. Passive solar panels  help to reduce the monthly electric bill. Two zone gas baseboard heat.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$168
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #72445828)

Price History

Date / Event Date Event Price
Mar 15, 2019 Sold
Premium
Sold
Jan 25, 2019 Listed by Century 21 Signature Properties $314,900
Listed by Century 21 Signature Properties
Sep 8, 2011 Sold
Premium
Sold
Dec 20, 2010 Listed by Century 21 Signature Properties $189,000
Listed by Century 21 Signature Properties

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,019
  • Total Building Area: 1,872
  • Gross Building Area: 3,302
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY NEW BEDFORD
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 650102

Zoning

  • Zoning: RA

Geography

  • Account Number: 36128
  • Parcel: NEWB M:0132-J L:0014
  • Lot: 14
  • Municipality: NEW BEDFORD
  • Latitude: 41.7068
  • Longitude: -70.9464

    Address

  • Full Address: 1394 Phillips Rd
  • Address - House Number: 1394
  • Address - Street Name: Phillips
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C015
  • 4-Digit Zip Code: 1948
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $517,100

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 499,712
  • High Value: 583,200
  • Low Value: 416,223

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,900
  • Assessed Land Value: $120,100
  • Assessed Improvements Value: $310,800

    Sales

  • Current Sale Contract Date: Feb 06, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5218
  • Previous Sale Recording Date: Sep 08, 2011
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Bedford

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2270 ft²

Average Home Age

102.3 years

Currently For Sale

185 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72445828

Frequently Asked Questions

When was property at 1394 Phillips Road built and last sold?
The property at 1394 Phillips Road was built in 2003 and last sold on Feb 6, 2019 for $306,000.
How much is this home worth?
The estimated value of the home located at 1394 Phillips Road is $319,823.
What are some comparable homes to 1394 Phillips Road?
There are currently no comparable homes to 1394 Phillips Road.
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