Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    49 Hawthorn St New Bedford, MA 02740-3419
    Back to Search
    Property profile & analytics

    49 Hawthorn St, New Bedford, MA 02740-3419

    View on Map
    • Investment properties
    • 6,584 SF
    • 0.31 lot acres
    Off-Market
    Last Sale Oct 2, 2023
    $450,000
    Property ID
    US38-0368561
    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.
    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New Bedford Surgical Associates / Medical Clinic
    • Options Unlimited / Family Counselor

    Property Details for 49 Hawthorn St

    Year built
    1855
    Construction
    FRAME
    Lot size
    0.31 lot acres
    Zone code
    RA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEWB M:0041 L:0006
    APU
    NEWBM0041L0006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 2, 2023 — Jacinta M Murphy 49 Hawthorn St LLC Quit Claim Deed · related $488k · Rockland Trust Co
    Feb 28, 2023 $450,000 49 Hawthorn St LLC Sgs Hld LLC Quit Claim Arm's Length For Ne States $490k · Crowd Lending Fund
    May 19, 2016 — Sgs Holdings LLC Barbara Greene Quit Claim Deed · related $274k · Enterprise Bank & Trust Co
    Sep 30, 2015 $355,000 Sgs Holdings Greene,barbara Quit Claim Deed —
    Nov 10, 1992 — Barbara Greene — Deed Of Trust · related $250k · New Bedford Inst For Saving
    Jul 15, 1987 — Barbara B Greene — Deed Of Trust · related $250k · Citizens Bank Of Ma
    Jan 9, 1987 — Barbara Greene — Deed Of Trust · related $175k · Citizens Bank Of Ma

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $525,000
      ML approach
      $550,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $680,000
      Market price range: $433k - $1.09M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $855,000
      Current use
      WAREHOUSE, STORAGE
      $870,000
      Change: +2% Conversion: Difficult
      OFFICE BUILDING
      $865,000
      Change: +1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9313
    Latitude
    41.6297
    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
    $149,000
    $488,700
    $637,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      10 Briggs St

      OFFICE/RESIDENTIAL (MIXED USE)
      10 Briggs St, New Bedford, MA 02740-3201
      View Details
    • Value Estimation by Request
      0.17 Acres

      67-69 Austin St

      OFFICE/RESIDENTIAL (MIXED USE)
      67-69 Austin St, New Bedford, MA 02740
      View Details
    • Value Estimation
      $610,000
      0.38 Acres

      892-896 Hathaway Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      892-896 Hathaway Rd, New Bedford, MA 02740
      View Details
    • Value Estimation
      $13,470,000
      146,081 SF

      800 Pleasant St

      OFFICE/RESIDENTIAL (MIXED USE)
      800 Pleasant St, New Bedford, MA 02740-6100
      View Details
    • Value Estimation
      $670,000
      0.13 Acres

      629 Purchase St

      OFFICE/RESIDENTIAL (MIXED USE)
      629 Purchase St, New Bedford, MA 02740-6379
      View Details
    • Value Estimation by Request
      1,625 SF

      1956 Purchase St

      OFFICE/RESIDENTIAL (MIXED USE)
      1956 Purchase St, New Bedford, MA 02740-7105
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,054 SF

      Mixed-Use Development Opportunity

      Mixed-use development opportunity in historic downtown New Bedford.
      343-357 Acushnet Ave, New Bedford, MA 02740
      View Details
    • Contact for pricing
      2,443 SF

      Spacious Rooming House Investment Opportunity

      Rooming house with 10 rooms, 3 baths, close to amenities.
      192 Walnut St, New Bedford, MA 02740
      View Details
    • Contact for pricing
      1,664 SF

      Meticulously Cared For Ranch Duplex

      Rare, updated ranch duplex in desirable west end neighborhood.
      184 Alva St, New Bedford, MA 02740
      View Details
    • Contact for pricing

      Well-Maintained Two-Family New Bedford Property

      Two-family property near Buttonwood Park and historic downtown New Bedford.
      50 James St, New Bedford, MA 02740
      View Details
    • Contact for pricing

      Prime Retail Condominium with Parking

      Rare retail condo with parking in historic downtown New Bedford.
      30 North Water St, New Bedford, MA 02740
      View Details
    • $130,000
      0.29 Acres

      Residential Lots Package Deal

      Two residential lots being sold as a package deal.
      Hapwell & Smt St, New Bedford, MA 02740
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Office Space For Rent

      Modern, renovated office space in iconic downtown building.
      555 Pleasant St, New Bedford, MA 02740
      View Details
    • Contact for pricing

      Upscale Office Space Available

      Office space in New Bedford's Historic District available June 2026.
      13R Hamilton St, New Bedford, MA 02740
      View Details
    • Contact for pricing

      Ground Level Office Near Downtown

      Office space near courthouse and downtown with full bath.
      319 Union St, New Bedford, MA 02740
      View Details
    • $550 /Mo
      400 SF

      Modern Office in Downtown Building

      Renovated office space with elevator access and parking available.
      555 Pleasant St, New Bedford, MA 02740
      View Details
    • $3,400 /Mo
      2,432 SF

      Downtown Office Suite For Lease

      Renovated office suite in iconic downtown building.
      555 Pleasant St, New Bedford, MA 02740
      View Details
    • Contact for pricing

      Industrial Space with Cold Storage

      8,300 SF industrial/warehouse space with existing cold storage.
      135 Potter St, New Bedford, MA 02740
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49 Hawthorn St
    New Bedford, MA 02740-3419
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    49 Hawthorn St, New Bedford, MA, 02740
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!