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New Bedford 02745
918 Pine Hill Dr
$254,000
● House - Off Market

918 Pine Hill Dr

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
993 Ft²
$382,570
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Take a look at the barn with this 3 bedroom ranch home in Pine Hill Acres! Oh my, it is magnificent! It has electric and a propane heater, high cathedral ceiling & wooden walls. Makes you feel like you've stepped back in time. Would make a wonderful office/entertainment room/play room/ etc., the usage is  endless! There's also a storage shed, a garden area, a patio, and a  trex deck within the fenced in yard. The home has hardwood floors in LR and bedrooms, 2 finished rooms in the basement for additional space, a very bright eat in kitchen with sliders to the back deck. A must see in Pine Hill Acres!
Unit Size
993 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$255
Property Type
House
Property Taxes
$278
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 months ago (MLSPIN #72331484)

Price History

Date / Event Date Event Price
May 24, 2021 Sold
Premium
Sold
Mar 16, 2021 Listed by Rose Homes & Real Estate $325,000
Listed by Rose Homes & Real Estate
Aug 9, 2018 Sold
Premium
Sold
May 21, 2018 Listed by Rose Homes & Real Estate $252,900
Listed by Rose Homes & Real Estate
Feb 6, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

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: 993
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,174
  • Total Building Area: 993
  • Gross Building Area: 2,242
  • Building Area: 993
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 993
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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: 22523
  • Parcel: NEWB M:0134-E L:0070
  • Lot: 70
  • Municipality: NEW BEDFORD
  • Latitude: 41.7162
  • Longitude: -70.9447

    Address

  • Full Address: 918 Pine Hill Dr
  • Address - House Number: 918
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C018
  • 4-Digit Zip Code: 1921
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $412,800

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 393,641
  • High Value: 466,018
  • Low Value: 321,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,000
  • Assessed Land Value: $125,800
  • Assessed Improvements Value: $218,200

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15896
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Amount: $254,000
  • 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:

$475,000

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2215 ft²

Average Home Age

98.6 years

Currently For Sale

188 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# 72331484

Frequently Asked Questions

When was property at 918 Pine Hill Drive built and last sold?
The property at 918 Pine Hill Drive was built in 1965 and last sold on May 21, 2021 for $341,000.
How much is this home worth?
The estimated value of the home located at 918 Pine Hill Drive is $324,870.
What are some comparable homes to 918 Pine Hill Drive?
There are currently no comparable homes to 918 Pine Hill Drive.
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