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New Bedford 02740
98 Apple Tree Ln
$560,000
● House - Off Market

98 Apple Tree Ln

New Bedford, MA 02740
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,696 Ft²
$600,178
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

14 year old Colonial built by Bristol Pacific. Numerous upgrades done by the current owners. Large yard with shed, composite deck, and vinyl fencing. Oversized attached 2 car garage! First floor den/office with glass doors, gleaming hardwood flooring throughout. All gas, central air, an exquisite interior, just move in!
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$348
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
2007

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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 #73084146)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Mar 14, 2023 In contract -
In contract
Mar 3, 2023 Listed by KAM Realty $589,900
Listed by KAM Realty
Sep 14, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 848
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,194
  • Total Building Area: 1,696
  • Gross Building Area: 3,664
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN HALL ESTATES
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651001

Zoning

  • Zoning: RA

Geography

  • Account Number: 36749
  • Parcel: NEWB M:0120 L:0146
  • Lot: 146
  • Municipality: NEW BEDFORD
  • Latitude: 41.6481
  • Longitude: -70.9657

    Address

  • Full Address: 98 Apple Tree Ln
  • Address - House Number: 98
  • Address - Street Name: Apple Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C004
  • 4-Digit Zip Code: 1818
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,900

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 583,889
  • High Value: 635,953
  • Low Value: 531,824

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,900
  • Assessed Land Value: $123,000
  • Assessed Improvements Value: $366,900

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6113
  • Previous Sale Recording Date: Sep 14, 2007
  • Previous Sale Amount: $325,000
  • 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

$274

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2223 ft²

Average Home Age

98.8 years

Currently For Sale

187 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: 5 months ago
Data Source: MLS PIN, MLS# 73084146

Frequently Asked Questions

When was property at 98 Apple Tree Lane built and last sold?
The property at 98 Apple Tree Lane was built in 2007 and last sold on Apr 10, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 98 Apple Tree Lane is $590,022.
What are some comparable homes to 98 Apple Tree Lane?
There are currently no comparable homes to 98 Apple Tree Lane.
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