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New Bedford 02745
5 Poplar Road
$410,000
● House - Off Market

5 Poplar Road

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,100 Ft²
$402,192
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Desirable Far North Neighborhood! The pride of ownership is evident in this well maintained ranch. Hardwood floors in the bedrooms and living room and tile in the baths and kitchen. Main bedroom has a private half bath. The eat in kitchen looks like it was installed yesterday. Newer windows, siding, and roof. The walk-out basement has finished space that includes a sewing room/office and a 'great room' with a wet bar, cabinets, and a gas space heater. In the fenced-in yard one will find mature fruit trees, grape vines, a patio area, and storage shed. Great area...diligently maintained...easy highway access...move in ready!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$354
Property Type
House
Property Taxes
$334
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: 6 months ago (MLSPIN #73014705)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by South Coast Elite Real Estate Group $389,000
Listed by South Coast Elite Real Estate Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,100
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,986
  • Total Building Area: 1,100
  • Gross Building Area: 3,285
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • 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: 23223
  • Parcel: NEWB M:0136-B L:0096
  • Lot: 96
  • Municipality: NEW BEDFORD
  • Latitude: 41.7255
  • Longitude: -70.9418

    Address

  • Full Address: 5 Poplar Rd
  • Address - House Number: 5
  • Address - Street Name: Poplar
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C005
  • 4-Digit Zip Code: 4222
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $441,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 400,391
  • High Value: 467,286
  • Low Value: 333,496

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $367,900
  • Assessed Land Value: $144,900
  • Assessed Improvements Value: $223,000

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19783
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:

$479,900

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2274 ft²

Average Home Age

102.9 years

Currently For Sale

185 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: 6 months ago
Data Source: MLS PIN, MLS# 73014705

Frequently Asked Questions

When was property at 5 Poplar Road built and last sold?
The property at 5 Poplar Road was built in 1970 and last sold on Aug 31, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 5 Poplar Road is $391,107.
What are some comparable homes to 5 Poplar Road?
There are currently no comparable homes to 5 Poplar Road.
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