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New Bedford 02740
85 Mill Street
$98,000
● House - Off Market

85 Mill Street

New Bedford, MA 02740
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,647 Ft²
$218,460
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Interior recently painted. All hardwood floors refinished.  New 1/2 bath on 1st floor.  New laundryroom on 2nd floor.  All large rooms.  3rd floor finished with rooms, no heat.  Driveway.  Historic home built in 1891
Unit Size
2,647 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$42
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1891

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71454357)

Price History

Date / Event Date Event Price
Dec 9, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Conway - Dartmouth $295,000
Listed by Conway - Dartmouth
May 20, 2013 Sold
Premium
Sold
Nov 4, 2012 Listed by Conway - Dartmouth $110,000
Listed by Conway - Dartmouth
Nov 16, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,023
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,171
  • Total Building Area: 2,080
  • Gross Building Area: 3,591
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: 8594
  • Parcel: NEWB M:0058 L:0350
  • Lot: 350
  • Municipality: NEW BEDFORD
  • Latitude: 41.6382
  • Longitude: -70.93

    Address

  • Full Address: 85 Mill St
  • Address - House Number: 85
  • 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: $464,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 418,774
  • High Value: 524,586
  • Low Value: 312,963

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $386,700
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $308,300

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30968
  • Previous Sale Recording Date: May 20, 2013
  • Previous Sale Amount: $98,000
  • 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

$276

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2270 ft²

Average Home Age

102.3 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

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# 71454357

Frequently Asked Questions

When was property at 85 Mill Street built and last sold?
The property at 85 Mill Street was built in 1891 and last sold on Dec 7, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 85 Mill Street is $300,712.
What are some comparable homes to 85 Mill Street?
There are currently no comparable homes to 85 Mill Street.
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