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New Bedford 02740
74 Grape St
$320,000
● House - Off Market

74 Grape St

New Bedford, MA 02740
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$308,747
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

***IGHEST & BEST DUE WEDNESDAY 8/16/23 BY 5:00 PLEASE ALLOW 24HRS FOR SELLER RESPONSE***   LOCATION, LOCATION!! West End, St. Luke's Hospital area!! Recently updated! Modern kitchen with granite countertops and Stainless Steel Appliances. Remodeled bathroom and hardwood floors! Tree lined, Corner Lot, with a large yard and plenty of off-street parking. Roof is only two years old. Solar panels (Leased), replacement windows and more. This charming Cottage is sure to please! Just steps away from St. Luke's  Hospital and within walking distance of Buttonwood Park. FIRST SHOWINGS AT OPEN HOUSE: SUNDAY  8/13 FROM 12:00 – 1:00 AND TUESDAY  8/15 FROM 5:00 – 6:00
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$299
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1879

Payment Calculator

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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 #73146732)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
Aug 19, 2023 In contract -
In contract
Aug 9, 2023 Listed by Keller Williams South Watuppa $309,900
Listed by Keller Williams South Watuppa
Aug 24, 2020 Sold
Premium
Sold
Jul 11, 2020 Listed by Keller Williams South Watuppa $229,900
Listed by Keller Williams South Watuppa
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1879
  • Effective Year Built: 1879
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • 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: 724
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,242
  • Total Building Area: 1,024
  • Gross Building Area: 1,896
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 652300

Zoning

  • Zoning: MUB

Geography

  • Account Number: 5894
  • Parcel: NEWB M:0035 L:0101
  • Lot: 101
  • Municipality: NEW BEDFORD
  • Latitude: 41.6243
  • Longitude: -70.9378

    Address

  • Full Address: 74 Grape St
  • Address - House Number: 74
  • Address - Street Name: Grape
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C020
  • 4-Digit Zip Code: 2140
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $378,700

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 323,126
  • High Value: 410,748
  • Low Value: 235,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $315,600
  • Assessed Land Value: $113,200
  • Assessed Improvements Value: $202,400

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17425
  • Previous Sale Recording Date: Aug 24, 2020
  • Previous Sale Contract Date: Aug 21, 2020
  • Previous Sale Amount: $251,000
  • 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:

$479,900

Sale Price/ft²

$274

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2188 ft²

Average Home Age

99.4 years

Currently For Sale

187 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 months ago
Data Source: MLS PIN, MLS# 73146732

Frequently Asked Questions

When was property at 74 Grape Street built and last sold?
The property at 74 Grape Street was built in 1879 and last sold on Oct 2, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 74 Grape Street is $308,923.
What are some comparable homes to 74 Grape Street?
There are currently no comparable homes to 74 Grape Street.
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