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New Bedford 02745
893 Pine Hill Dr
$540,000
● House - Off Market

893 Pine Hill Dr

New Bedford, MA 02745
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,789 Ft²
$3,304
Est. Monthly

About This Property

Welcome to Pine Hill Estates! Once-in-a-generation opportunity to own this beautiful home in the highly sought after Pine Hill neighborhood in the far north end of New Bedford! Boasting four sizable bedrooms, three full bathrooms, a finished basement, and a back yard entertainment area with an above-ground pool, this home leaves very little left to be desired. This home is move-in ready with timeless finishes, the only thing left to do is move in! Solar system is paid off - enjoy summers of using the pool and central air conditioning with NO electric bill!
Unit Size
1,789 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$319
Property Type
House
Property Taxes
$505
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: 4 months ago (MLSPIN #73231517)

Price History

Date / Event Date Event Price
Jul 26, 2024 Sold
Premium
Sold
Jun 28, 2024 In contract -
In contract
May 1, 2024 Listed by RE/MAX Vantage $569,900
Listed by RE/MAX Vantage
Jun 1, 2009 Sold
Premium
Sold
Mar 6, 2009 Listed by RE/MAX Vantage $240,000
Listed by RE/MAX Vantage
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,093
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,579
  • Total Building Area: 1,789
  • Gross Building Area: 3,950
  • Building Area: 1,789
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,789
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW BEDFORD PLAN B
  • Land Acres: 0000000220
  • 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: 22502
  • Parcel: NEWB M:0134-E L:0111
  • Lot: 111
  • Municipality: NEW BEDFORD
  • Latitude: 41.7166
  • Longitude: -70.9437

    Address

  • Full Address: 893 Pine Hill Dr
  • Address - House Number: 893
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C018
  • 4-Digit Zip Code: 1920
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $606,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 477,611
  • High Value: 586,005
  • Low Value: 369,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,300
  • Assessed Land Value: $127,800
  • Assessed Improvements Value: $377,500

    Sales

  • Current Sale Recording Date: Jun 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 31, 1989
  • Previous Sale Amount: $119,000
  • 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

$277

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2285 ft²

Average Home Age

100 years

Currently For Sale

174 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: 4 months ago
Data Source: MLS PIN, MLS# 73231517

Frequently Asked Questions

When was property at 893 Pine Hill Drive built and last sold?
The property at 893 Pine Hill Drive was built in 1965 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 893 Pine Hill Drive is $541,749.
What are some comparable homes to 893 Pine Hill Drive?
There are currently no comparable homes to 893 Pine Hill Drive.
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