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New Bedford 02745
15 Garrison Rd
$325,000
● House - Off Market

15 Garrison Rd

New Bedford, MA 02745
bedrooms
2 Beds
bathrooms
1 Bath
square feet
975 Ft²
$302,752
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Deadline for all offers is Tuesday, December 7th at 5:00 p.m.  Far North End of New Bedford. 975 sq.ft. Ranch with 2 bedrooms and 1 full bath. Master bedroom is a good size, a wall was taken down years ago to make one larger room. Hardwood floors. Home has been well taken care of by the same family for 50 years.  Has a finished family room in basement. Only interior access to basement. Very nice size back yard, mostly fenced in. Off street parking.  Pool table, tool box and shelving in basement staying.
Unit Size
975 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$287
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1970

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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: 5 months ago (MLSPIN #72924851)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Dec 1, 2021 Listed by Pelletier Realty, Inc. $279,900
Listed by Pelletier Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 975
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,795
  • Total Building Area: 975
  • Gross Building Area: 2,226
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 650101

Zoning

  • Zoning: RA

Geography

  • Account Number: 23372
  • Parcel: NEWB M:0136-C L:0032
  • Lot: 32
  • Municipality: NEW BEDFORD
  • Latitude: 41.7246
  • Longitude: -70.9426

    Address

  • Full Address: 15 Garrison Rd
  • Address - House Number: 15
  • Address - Street Name: Garrison
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C005
  • 4-Digit Zip Code: 4216
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $398,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 364,341
  • High Value: 434,172
  • Low Value: 294,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,700
  • Assessed Land Value: $143,800
  • Assessed Improvements Value: $187,900

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1093
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:

$475,000

Sale Price/ft²

$273

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2229 ft²

Average Home Age

99.3 years

Currently For Sale

183 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72924851

Frequently Asked Questions

When was property at 15 Garrison Road built and last sold?
The property at 15 Garrison Road was built in 1970 and last sold on Jan 14, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 15 Garrison Road is $288,877.
What are some comparable homes to 15 Garrison Road?
There are currently no comparable homes to 15 Garrison Road.
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