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    Property profile & analytics

    550 County St New Bedford, MA 02740-6502

    • Residential income homes
    • 3,580 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US38-2191684
    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

    • Homestead / Restaurant

    Property Details for 550 County St

    Year built
    1870
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    3,580 SF
    Zone code
    RB
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    NEWB M:0058 L:0512
    APU
    NEWBM0058L0512

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $255,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $255,000
      Mixed-Use
      $240,000
      Hospitality
      $265,000
      Educational
      $220,000
      Residential Income
      $240,000
      Energy
      $230,000
      Income-Based Land
      $235,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    New Bedford
    County
    Bristol
    State
    Massachusetts
    Longitude
    -70.9308
    Latitude
    41.6385
    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
    $4,267
    $74,300
    $281,300
    $355,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $525,000
      4,325 SF

      242 Walnut St

      BOARDING/ROOMING HOUSE • 4,325 SF
      242 Walnut St, New Bedford, MA 02740-7902
      View Details
    • Value Estimation
      $140,000
      3,214 SF

      434 Cottage St

      BOARDING/ROOMING HOUSE • 3,214 SF
      434 Cottage St, New Bedford, MA 02740-5379
      View Details
    • Value Estimation
      $820,000
      15,348 SF

      414 Rivet St, Unit 430

      BOARDING/ROOMING HOUSE • 15,348 SF
      414 Rivet St, New Bedford, MA 02740-2045
      View Details
    • Value Estimation
      $400,000
      4,072 SF

      371 County St

      BOARDING/ROOMING HOUSE • 4,072 SF
      371 County St, New Bedford, MA 02740-7922
      View Details
    • Value Estimation
      $325,000
      3,861 SF

      49 Nn St

      BOARDING/ROOMING HOUSE • 3,861 SF
      49 Nn St, New Bedford, MA 02740-8602
      View Details
    • Value Estimation
      $275,000
      6,418 SF

      163 County St

      BOARDING/ROOMING HOUSE • 6,418 SF
      163 County St, New Bedford, MA 02740-4713
      View Details

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    Similar Nearby for Lease

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      4,331 SF

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      Updated restaurant space with working kitchen and potential beer garden.
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      View Details
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      Reconstructed historic building with modern amenities in downtown New Bedford.
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      Renovated office space for lease in iconic downtown building.
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    • Contact for pricing
      7,884 SF

      Retail Space with Business Opportunity

      7,884 SF retail space with established flooring business option.
      1440 Purchase St, New Bedford, MA 02740
      View Details
    • $350 /Mo

      Compact Office/Storage Space Available

      75 sq ft office/storage space for lease. Option to double.
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      View Details
    • $20 SF/Yr

      Downtown New Bedford Office Space

      Historic building with open spaces, natural light, and city views.
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      View Details
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    550 County St
    New Bedford, MA 02740-6502
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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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