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New Bedford 02745
Lot 25 Farland Circle
$419,900
● House - Off Market

Lot 25 Farland Circle

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,872 Ft²
$462,606
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

New Home Opportunity!! Gorgeous Colonial Style Home, Masterfully Designed With A Functional, Open Floor Plan And Quality Finishes. Home will Feature 3 Bedrooms, 2.5 Baths Including Master Bedroom with En Suite Bath! Additional Property Highlights Include 2 Car Garage, Large Master Bedroom Walk-in Closet, Home Office, Main Level Laundry, Breakfast Area and Separate Formal Dining Room. Exterior includes Deck and Porch for Relaxing and Entertaining. This Home Will Appeal Those Seeking Open-Concept Living. Don't Wait to Reserve Your New Home!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72671143)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Jun 10, 2020 Listed by Proline Realty, Inc. $419,900
Listed by Proline Realty, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 15,037
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,872
  • Gross Building Area: 3,704
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: MUB

Geography

  • Account Number: 37303
  • Parcel: NEWB M:0130-D L:0478
  • Lot: 478
  • Municipality: NEW BEDFORD
  • Latitude: 41.6989
  • Longitude: -70.9333

    Address

  • Full Address: 25 Farland Cir
  • Address - House Number: 25
  • Address - Street Name: Farland
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C009
  • 4-Digit Zip Code: 3317
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 600,187
  • High Value: 700,463
  • Low Value: 499,912

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,300
  • Assessed Land Value: $154,800
  • Assessed Improvements Value: $358,500

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32760
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

$274

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2262 ft²

Average Home Age

99.3 years

Currently For Sale

178 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: 5 years ago
Data Source: MLS PIN, MLS# 72671143

Frequently Asked Questions

When was property at 25 Farland Circle built and last sold?
The property at 25 Farland Circle was built in 2020 and last sold on Dec 18, 2020 for $436,720.
How much is this home worth?
The estimated value of the home located at 25 Farland Circle is $431,617.
What are some comparable homes to 25 Farland Circle?
There are currently no comparable homes to 25 Farland Circle.
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