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    Property profile & analytics

    259 Rivet St, Unit 265 New Bedford, MA 02744-1819

    • Investment properties
    • 7,320 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $680,000
    Last Sale
    Dec 15, 2020
    $530,000
    Location Intelligence
    Property ID
    US38-0774884
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 259 Rivet St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    7,320 SF
    Zone code
    MUB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWB M:0030 L:0285
    APU
    NEWBM0030L0285

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $565,000
      6.5%
      $580,000
      7%
      $560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $745,000
      Mixed-Use
      $720,000
      Hospitality
      $650,000
      Educational
      $600,000
      Residential Income
      $715,000
      Energy
      $670,000
      Income-Based Land
      $720,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9269
    Latitude
    41.6203
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $89,000
    $461,900
    $550,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $235,000
      5,460 SF

      128 County St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,460 SF
      128 County St, New Bedford, MA 02744-1828
      View Details
    • Value Estimation
      $305,000
      4,298 SF

      68 Cv St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,298 SF
      68 Cv St, New Bedford, MA 02744-2427
      View Details
    • Value Estimation
      $280,000
      3,290 SF

      200-202 Rivet St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,290 SF
      200-202 Rivet St, New Bedford, MA 02744
      View Details
    • Value Estimation
      $465,000
      3,416 SF

      337-339 Rivet St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,416 SF
      337-339 Rivet St, New Bedford, MA 02744
      View Details
    • Value Estimation
      $270,000
      0.15 Acres

      103-107 Rivet St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      103-107 Rivet St, New Bedford, MA 02744
      View Details
    • Value Estimation
      $395,000
      4,094 SF

      332-334 Brock Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,094 SF
      332-334 Brock Ave, New Bedford, MA 02744
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $20 SF/Yr

      Restaurant Space in New Bedford

      Second-generation restaurant space in a high-traffic location.
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      View Details
    • $1,400 /Mo
      800 SF

      Retail/Office Space on Acushnet Avenue

      Move-in ready retail or office space on high-traffic street.
      1549-1551 Acushnet Ave, New Bedford, MA 02744
      View Details
    • Contact for pricing
      3,145 SF

      Turnkey Restaurant Space in New Bedford

      Ready-to-go restaurant space in high-traffic New Bedford location.
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      View Details
    • $8 SF/Yr

      Turnkey Industrial Space in New Bedford

      20,000 sq. ft. industrial space for lease near ocean.
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      View Details
    • $450 /Mo
      144 SF

      Downtown New Bedford Office Space

      Private office space in historic building with included utilities.
      412 County St, New Bedford, MA 02744
      View Details
    • $1,500 /Mo

      Spacious Second Floor Open Space

      Large open space with hardwood floors and waterview.
      701 Orchard St, New Bedford, MA 02744
      View Details
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    259 Rivet St, Unit 265
    New Bedford, MA 02744-1819
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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