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New Bedford 02740
83 Mill St
$205,000
● House - Off Market

83 Mill St

New Bedford, MA 02740
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,385 Ft²
$370,923
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Beautiful Grand Victorian within walking distance of downtown New Bedford. Home features 3 levels of living space with 4-6  large bedrooms, 2 full baths, large formal living room/dining room, family room with wood stove insert and gorgeous hardwood floors throughout. Many recent updates include: new roof, high efficiency heating system, 200 amp circuit breakers, new 16x12 storage shed, beautiful large outside deck overlooking above-ground pool. Home also includes a security system with security cameras, off street parking for 4 cars and a well-maintained fenced in yard.
Unit Size
2,385 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$88
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1884

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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 #71847663)

Price History

Date / Event Date Event Price
Sep 30, 2015 Sold
Premium
Sold
May 28, 2015 Listed by WEICHERT, REALTORS® - Mel Antonio Group $209,000
Listed by WEICHERT, REALTORS® - Mel Antonio Group
Nov 16, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,057
  • Total Building Area: 2,385
  • Gross Building Area: 4,673
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651800

Zoning

  • Zoning: RB

Geography

  • Account Number: 8595
  • Parcel: NEWB M:0058 L:0351
  • Lot: 351
  • Municipality: NEW BEDFORD
  • Latitude: 41.6382
  • Longitude: -70.9299

    Address

  • Full Address: 83 Mill St
  • Address - House Number: 83
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C032
  • 4-Digit Zip Code: 6020
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,800

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 452,094
  • High Value: 574,688
  • Low Value: 329,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $346,500
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $268,500

    Sales

  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20660
  • Previous Sale Recording Date: Nov 16, 1998
  • Previous Sale Amount: $90,000
  • 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

$276

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2301 ft²

Average Home Age

103.2 years

Currently For Sale

181 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: 6 months ago
Data Source: MLS PIN, MLS# 71847663

Frequently Asked Questions

When was property at 83 Mill Street built and last sold?
The property at 83 Mill Street was built in 1884 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 83 Mill Street is $229,577.
What are some comparable homes to 83 Mill Street?
There are currently no comparable homes to 83 Mill Street.
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