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New Bedford 02745
993 Pine Hill Dr
$256,900
● House - Off Market

993 Pine Hill Dr

New Bedford, MA 02745
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,025 Ft²
$394,773
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Raised ranch in the far North End of New Bedford!  This property has two levels of finished space. The upper level offers a bright living room, updated eat-in kitchen with center island and ample cabinetry, 3 bedrooms and a full bath.  The lower level offers a large family room, a full bath and a bonus room that could be a home office/gym or a 4th bedroom. Extras include hard wood floors, central air, and alarm system. The property sits on a corner lot with a large deck overlooking a fenced in yard with storage shed. Conveniently located to Route 140. First showings at Open House on Saturday, October 19th from 2 - 4.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$263
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1961

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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 #72580533)

Price History

Date / Event Date Event Price
Dec 6, 2019 Sold
Premium
Sold
Oct 16, 2019 Listed by Anne Whiting Real Estate $269,900
Listed by Anne Whiting Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 957
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,219
  • Total Building Area: 1,025
  • Gross Building Area: 2,166
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE HILL ACRES
  • Land Acres: 0000000235
  • 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: 22454
  • Parcel: NEWB M:0134-E L:0009
  • Lot: 9
  • Municipality: NEW BEDFORD
  • Latitude: 41.7165
  • Longitude: -70.9474

    Address

  • Full Address: 993 Pine Hill Dr
  • Address - House Number: 993
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C018
  • 4-Digit Zip Code: 1922
  • Zip Code: 02745

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $397,800

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 397,672
  • High Value: 473,890
  • Low Value: 321,453

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $331,500
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $200,500

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28851
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72580533

Frequently Asked Questions

When was property at 993 Pine Hill Drive built and last sold?
The property at 993 Pine Hill Drive was built in 1961 and last sold on Dec 6, 2019 for $256,900.
How much is this home worth?
The estimated value of the home located at 993 Pine Hill Drive is $273,404.
What are some comparable homes to 993 Pine Hill Drive?
There are currently no comparable homes to 993 Pine Hill Drive.
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