Property profile

579 2nd St New Bedford, MA 02744

OFF-MARKET
Investment properties
Property ID
US38-1856646
4,710 SF 0.42 ac lot Built 1900
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 4,710 SF
Lot 0.42 ac (18,178 SF)
Zoning code RC
APN NEWB M:0020 L:0068
UPID US38-1856646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

579 2nd St New Bedford, MA 02744-1719
New Bedford metro Census 652600 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2008
2 recorded transactions
2008
$110,000
1989
$83,000

Zoning & alternative use

RC · New Bedford, MA
Zoning description

The intent of this zone is to promote Residential C uses.

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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