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New Bedford 02740
40 Beech St
$330,000
● House - Off Market

40 Beech St

New Bedford, MA 02740
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,378 Ft²
$354,528
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Walk into this home with a wonderful open floor plan, you will first walk into a lovely room perfect for a reading room or office. The kitchen is light and airy and it's adjacent to the dining room. This home also has a half bath on the main level. The second level of the home has three generous size bedrooms and a full bath. This property has all electrical completely redone and the plumbing don't miss out on this property.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$243
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #73050335)

Price History

Date / Event Date Event Price
Jan 25, 2023 Sold
Premium
Sold
Nov 30, 2022 In contract -
In contract
Oct 20, 2022 Listed by RE/MAX Vantage $334,900
Listed by RE/MAX Vantage
Feb 23, 2022 Sold
Premium
Sold
Jan 11, 2022 Listed by RE/MAX Vantage $250,000
Listed by RE/MAX Vantage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 686
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,969
  • Total Building Area: 1,378
  • Gross Building Area: 2,142
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000045
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651500

Zoning

  • Zoning: RB

Geography

  • Account Number: 8385
  • Parcel: NEWB M:0056 L:0045
  • Lot: 45
  • Municipality: NEW BEDFORD
  • Latitude: 41.6375
  • Longitude: -70.9474

    Address

  • Full Address: 40 Beech St
  • Address - House Number: 40
  • Address - Street Name: Beech
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C024
  • 4-Digit Zip Code: 2604
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $360,100

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 333,060
  • High Value: 400,220
  • Low Value: 265,899

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $300,100
  • Assessed Land Value: $78,100
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Contract Date: Jan 25, 2023
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1672
  • Previous Sale Recording Date: Feb 23, 2022
  • Previous Sale Contract Date: Feb 23, 2022
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O
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

61

Average Home Size

2315 ft²

Average Home Age

100.7 years

Currently For Sale

176 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: 4 months ago
Data Source: MLS PIN, MLS# 73050335

Frequently Asked Questions

When was property at 40 Beech Street built and last sold?
The property at 40 Beech Street was built in 1910 and last sold on Jan 25, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 40 Beech Street is $338,136.
What are some comparable homes to 40 Beech Street?
There are currently no comparable homes to 40 Beech Street.
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