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New Bedford 02745
982 Phillips Rd.
$304,900
● House - Off Market

982 Phillips Rd.

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
967 Ft²
$324,385
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Buyers Financing fell through!! Come see this cozy home with plenty to offer! This far North home offers 3-4 potential bedrooms. There are 2 bedrooms and one bath on the first floor and 2 additional rooms on the second floor that could be used for a bedroom, home office, playroom or den. Cozy eat in kitchen with newer appliances. Recently updated electrical panel, roof and vinyl  windows. Hardwood floors throughout the first floor and new carpeting on the second floor. Large basement with plenty of space for your workshop or rec room! Large yard for all your family functions. Long driveway with a one car garage.  Square footage does not include additional living space on second floor.  City assessors has it as a 2 bedroom.  Don't let this home pass you by.  Buyers and their agents to perform their own due diligence.
Unit Size
967 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$310
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1946

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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 #72917678)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Nov 8, 2021 Listed by Arruda Realty Group, LLC $299,900
Listed by Arruda Realty Group, LLC
May 14, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 780
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,196
  • Total Building Area: 1,061
  • Gross Building Area: 2,518
  • Building Area: 1,061
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,061
  • 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: 650101

Zoning

  • Zoning: RA

Geography

  • Account Number: 23992
  • Parcel: NEWB M:0130-D L:0233
  • Lot: 233
  • Municipality: NEW BEDFORD
  • Latitude: 41.6999
  • Longitude: -70.9351

    Address

  • Full Address: 982 Phillips Rd
  • Address - House Number: 982
  • Address - Street Name: Phillips
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C009
  • 4-Digit Zip Code: 3409
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $344,900

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 347,112
  • High Value: 416,018
  • Low Value: 278,207

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $287,400
  • Assessed Land Value: $125,900
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 638
  • Previous Sale Recording Date: May 14, 2020
  • Previous Sale Contract Date: May 13, 2020
  • Previous Sale Amount: $219,000
  • 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72917678

Frequently Asked Questions

When was property at 982 Phillips Road built and last sold?
The property at 982 Phillips Road was built in 1946 and last sold on Jan 10, 2022 for $304,900.
How much is this home worth?
The estimated value of the home located at 982 Phillips Road is $302,910.
What are some comparable homes to 982 Phillips Road?
There are currently no comparable homes to 982 Phillips Road.
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