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New Bedford 02745
1844 Phillips Rd
$380,000
● House - Off Market

1844 Phillips Rd

New Bedford, MA 02745
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,922 Ft²
$421,099
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Looking for a home in a great location with charm and some land as well, this may be the one. This lovely cape has a unique layout that you wont find in most older style homes, with an open floor plan that mirrors many newer style homes and a large kitchen that is perfect for cooking those big holiday dinners. Beautiful hardwood floors throughout the home including the 5 bedrooms plus ample storage space and walk in closet in the master bedroom. The yard has plenty of room for outdoor functions and privacy, plus a pool for the summer time. This home is a must see and definitely not a drive by, this homes layout makes it look bigger inside then it looks on the outside.Call for your appointment today.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$187
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1951

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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 years ago (MLSPIN #72806169)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed by Spencer Home Realty $359,900
Listed by Spencer Home Realty
Jun 15, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,215
  • Total Building Area: 1,890
  • Gross Building Area: 3,597
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW BEDFORD
  • Land Acres: 0000000877
  • 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: 34874
  • Parcel: NEWB M:0134 L:0406
  • Lot: 406
  • Municipality: NEW BEDFORD
  • Latitude: 41.7187
  • Longitude: -70.9478

    Address

  • Full Address: 1844 Phillips Rd
  • Address - House Number: 1844
  • Address - Street Name: Phillips
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C005
  • 4-Digit Zip Code: 2107
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 460,649
  • High Value: 538,399
  • Low Value: 382,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,900
  • Assessed Land Value: $247,600
  • Assessed Improvements Value: $231,300

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17129
  • Previous Sale Recording Date: Mar 17, 2008
  • 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:

$475,000

Sale Price/ft²

$277

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2332 ft²

Average Home Age

101.7 years

Currently For Sale

175 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 years ago
Data Source: MLS PIN, MLS# 72806169

Frequently Asked Questions

When was property at 1844 Phillips Road built and last sold?
The property at 1844 Phillips Road was built in 1951 and last sold on Jun 3, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 1844 Phillips Road is $0.
What are some comparable homes to 1844 Phillips Road?
There are currently no comparable homes to 1844 Phillips Road.
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