202 Maxfield St., New Bedford, MA 02740
Two-and-a-half story home with large rooms, great investment opportunity.
- Added:
- Apr 15, 2026
- Days on Market:
- 83
- Last Refresh:
- Apr 20 at 6:11 pm
Property Features for 202 Maxfield St.
General Information
- Standard status
- Active
- Size
- 2,410 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1857
Listing office RE/MAX Vantage (508) 951-4104
Listing date Apr 15, 2026
Source Lockandkeyre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Vantage
HighLights
- Spacious 2‑family home suitable for investors or owner‑occupiers.
- Large, spacious rooms in each unit.
- Each unit contains 2 bedrooms, den, living room, and eat‑in kitchen.
- Baseboard heating.
- Second floor has potential for a cottage setup.
- Historic property (Circa 1857 - John Mellis Home).
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.5k | $22.20 |
| − Vacancy | −$4.0k | −$1.67 |
| EGI | $49.5k | $20.54 |
| − OpEx | −$14.8k | −$6.16 |
| NOI | $34.6k | $14.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Bedford
- County
- Bristol
- State
- Massachusetts
- Longitude
- -70.9323815
- Latitude
- 41.6399643
