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New Bedford 02745
975 Chaffee St
$160,000
● House - Off Market

975 Chaffee St

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$269,642
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

New Bedford Offering a great opportunity to own this large single family home with 3+ bedrooms 1 bath, deck, 2 fireplaces, partially finished basement, built in car garage, and large fenced in lot with paved driveway for off-street parking. Easy access to all area amenities. Great Price for the features and will sell quickly!!! Call today before its gone. Offers must be submitted to the Listing Agent. Contact listing agent for property details. After offer submission, it may take up to 7 calendar days for offer decision. Communication will be sent to buyers/buyer agents with results & next steps for the accepted offer. Bank of America employees, household members or business partners prohibited from purchasing Call today for your private viewing.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$154
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1963

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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 #71983390)

Price History

Date / Event Date Event Price
Oct 24, 2016 Sold
Premium
Sold
Apr 5, 2016 Listed by Weichert, REALTORS® - SBA Group $159,900
Listed by Weichert, REALTORS® - SBA Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 19
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,318
  • Total Building Area: 1,664
  • Gross Building Area: 2,184
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 650101

Zoning

  • Zoning: RA

Geography

  • Account Number: 20865
  • Parcel: NEWB M:0130-A L:0006
  • Lot: 6
  • Municipality: NEW BEDFORD
  • Latitude: 41.6959
  • Longitude: -70.9322

    Address

  • Full Address: 975 Chaffee St
  • Address - House Number: 975
  • Address - Street Name: Chaffee
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C009
  • 4-Digit Zip Code: 3319
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $404,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 381,235
  • High Value: 444,929
  • Low Value: 317,541

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $337,000
  • Assessed Land Value: $132,200
  • Assessed Improvements Value: $204,800

    Sales

  • Current Sale Recording Date: Oct 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 120021
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

2274 ft²

Average Home Age

102.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71983390

Frequently Asked Questions

When was property at 975 Chaffee Street built and last sold?
The property at 975 Chaffee Street was built in 1963 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 975 Chaffee Street is $168,558.
What are some comparable homes to 975 Chaffee Street?
There are currently no comparable homes to 975 Chaffee Street.
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