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New Bedford 02740
71 Apple Tree Lane
$585,000
● House - Off Market

71 Apple Tree Lane

New Bedford, MA 02740
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,612 Ft²
$641,166
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is the one you've been looking for! Stunning custom built Colonial. Four bedrooms, 21/2 baths. Gourmet kitchen, formal dining room. Master suite with walk-in closet, and upscale tiled bath. You will love the four season sun room! Laundry room set-up conveniently located on the first floor.
Unit Size
2,612 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
2009

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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 #72884965)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Aug 22, 2021 Listed by RE/MAX Vantage $575,000
Listed by RE/MAX Vantage
Oct 22, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,107
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,359
  • Total Building Area: 2,576
  • Gross Building Area: 4,986
  • Building Area: 2,576
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651001

Zoning

  • Zoning: RA

Geography

  • Account Number: 36766
  • Parcel: NEWB M:0120 L:0163
  • Lot: 163
  • Municipality: NEW BEDFORD
  • Latitude: 41.6488
  • Longitude: -70.9653

    Address

  • Full Address: 71 Apple Tree Ln
  • Address - House Number: 71
  • Address - Street Name: Apple Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C004
  • 4-Digit Zip Code: 1817
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $716,000

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 619,321
  • High Value: 744,190
  • Low Value: 494,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,700
  • Assessed Land Value: $123,800
  • Assessed Improvements Value: $472,900

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33340
  • Previous Sale Recording Date: Nov 10, 2021
  • Previous Sale Contract Date: Nov 08, 2021
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: 35
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

2274 ft²

Average Home Age

99.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72884965

Frequently Asked Questions

When was property at 71 Apple Tree Lane built and last sold?
The property at 71 Apple Tree Lane was built in 2009 and last sold on Nov 9, 2021 for $292,500.
How much is this home worth?
The estimated value of the home located at 71 Apple Tree Lane is $0.
What are some comparable homes to 71 Apple Tree Lane?
There are currently no comparable homes to 71 Apple Tree Lane.
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