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New Bedford 02745
372 Hersom Street
$235,000
● House - Off Market

372 Hersom Street

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$375,332
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Cape with hardwood floors  in living room and bedrooms on 1st floor.  Kitchen is 5 years old with stove, hood, refrigerator, dishwasher, washer/dryer.   Roof is 5 years old.   Basement waterproofed with warranty.   Exterior vinyl-cedar impression.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$161
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1973

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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 #72263556)

Price History

Date / Event Date Event Price
Feb 28, 2018 Sold
Premium
Sold
Dec 11, 2017 Listed by Pelletier Realty, Inc. $239,900
Listed by Pelletier Realty, Inc.
Aug 24, 2009 Sold
Premium
Sold
Apr 14, 2009 Listed by Pelletier Realty, Inc. $239,900
Listed by Pelletier Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,382
  • Total Building Area: 1,273
  • Gross Building Area: 3,564
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH END LAND ASSOCIATION
  • Land Acres: 0000000101
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 650202

Zoning

  • Zoning: RB

Geography

  • Account Number: 17463
  • Parcel: NEWB M:0117 L:0127
  • Lot: 127
  • Municipality: NEW BEDFORD
  • Latitude: 41.6792
  • Longitude: -70.9308

    Address

  • Full Address: 372 Hersom St
  • Address - House Number: 372
  • Address - Street Name: Hersom
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C010
  • 4-Digit Zip Code: 5737
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $383,600

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 404,321
  • High Value: 480,280
  • Low Value: 328,361

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $319,700
  • Assessed Land Value: $115,700
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Recording Date: Feb 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4147
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Amount: $231,300
  • 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

$274

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2237 ft²

Average Home Age

99.2 years

Currently For Sale

186 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

Unit for rent at 330 Main St, Other, MA, 02719

$1,175 /mo

  • 1 Bed
  • 1 Bath
330 Main St, Other, MA, 02719 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72263556

Frequently Asked Questions

When was property at 372 Hersom Street built and last sold?
The property at 372 Hersom Street was built in 1973 and last sold on Jan 1, 1970 for $235,000.
How much is this home worth?
The estimated value of the home located at 372 Hersom Street is $252,833.
What are some comparable homes to 372 Hersom Street?
There are currently no comparable homes to 372 Hersom Street.
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