300 Maxfield New Bedford, MA 02740
MULTI_FAMILY - New Bedford, MA
Property Features for 300 Maxfield
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
- Parking
- 2
- Standard status
- Active
- APN
- M57 0333,2892888
- Size
- 1,785 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5102
Building Details
- Year built
- 1879
- Floors in Building
- 3
- Number of units
- 2
Listing agent Eddie Lopez (508) 999-4424
Listing office RE/MAX Vantage 77 State Road, Boston, MA (774) 992-0297
Listing date Jul 13, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property includes a fenced backyard with an above-ground pool and a fishpond. A new roof was recently installed, and the home is powered by leased solar panels.
Set on an RB-zoned lot, this duplex presents a straightforward two-tenant setup with separate unit layouts designed for everyday living.
Key Highlights
- Two‑family property built in 1879 with two separate units
- First‑floor unit: 1 bedroom and 1 bathroom with a generously sized kitchen and living area
- Second unit spans two levels with 4 bedrooms, 1 full bath, and a large living room
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 | $39.6k | $22.20 |
| − Vacancy | −$3.0k | −$1.67 |
| EGI | $36.7k | $20.54 |
| − OpEx | −$11.0k | −$6.16 |
| NOI | $25.7k | $14.37 |
