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New Bedford 02745
846 Pine Hill Dr
$300,500
● House - Off Market

846 Pine Hill Dr

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$331,854
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Wednesday and Thursday open house are fully-booked.  Please see showing instructions below for stand-by appointments.  Very well-maintained ranch in Pine Hill, far North New Bedford.  This three-bedroom one-bath ranch has been owned by the same owner since it was built.  Although everything is original, it has been taken care.  Some TLC needed such as roof and floor refinishing, but otherwise a very solid home. Under carpeting is hardwood flooring.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$272
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1965

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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 #72805038)

Price History

Date / Event Date Event Price
May 24, 2021 Sold
Premium
Sold
Mar 27, 2021 Listed by RE/MAX Vantage $279,000
Listed by RE/MAX Vantage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,025
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,025
  • Gross Building Area: 2,142
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 650102

Zoning

  • Zoning: RA

Geography

  • Account Number: 22516
  • Parcel: NEWB M:0134-E L:0063
  • Lot: 63
  • Municipality: NEW BEDFORD
  • Latitude: 41.7154
  • Longitude: -70.9435

    Address

  • Full Address: 846 Pine Hill Dr
  • Address - House Number: 846
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C018
  • 4-Digit Zip Code: 1946
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $365,900

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 358,985
  • High Value: 430,248
  • Low Value: 287,723

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $304,900
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $184,900

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15938
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

2262 ft²

Average Home Age

99.3 years

Currently For Sale

178 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 years ago
Data Source: MLS PIN, MLS# 72805038

Frequently Asked Questions

When was property at 846 Pine Hill Drive built and last sold?
The property at 846 Pine Hill Drive was built in 1965 and last sold on May 24, 2021 for $300,500.
How much is this home worth?
The estimated value of the home located at 846 Pine Hill Drive is $0.
What are some comparable homes to 846 Pine Hill Drive?
There are currently no comparable homes to 846 Pine Hill Drive.
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