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Closed

392-394 Shaw St, New Bedford MA 02745

$550,000

Estimated $1,333.24/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $137,500

Total Rent: 67200/year

Estimated CAP Rate: 11.26%

8 Bedrooms

4 Full Baths

3,372 SqFt

Total Parking: 2

3,999 SqFt

Welcome to 392-394 Shaw Street in New Bedford, MA! This multi-family property offers 8 bedrooms and 4 bathrooms over 3,364 sqft of living space. Recently remodeled with modern touches throughout, you’ll love the open concept layout. The kitchen is equipped with a gas range, granite countertops, and plenty of storage. Enjoy the spacious backyard and paved off street parking. Plus, the house has been fitted with 60AMP panels and a house meter. Don’t miss out on this great opportunity to own an income producing property.

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73071784)

Gross Income: $67,200

Gross Expenses: $5,297

Net Income Calc: $61,903

CAP Rate: 11.26%

Beach Front

Annual Expenses for 392-394 Shaw St, New Bedford MA 02745

Total Gross Expenses (Calculated)$5,297/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,297

Annual Income & Unit Breakdown for 392-394 Shaw St, New Bedford MA 02745

Total Gross Income (Calculated)$67,200

Unit 1

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,400

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,400

Lease

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 392-394 Shaw St, New Bedford MA 02745

Listing ID73071784

Property TypeMulti Family / 4 Family

Price$550,000 ($163.11/SqFt)

Style4 Family - 4 Units Side By Side

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,372 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking2

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, Unknown To Beach

Energy Features

Terms

Disclosures for 392-394 Shaw St, New Bedford MA 02745

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$33,600

Total Net Income By Broker$33,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 392-394 Shaw St, New Bedford MA 02745

Real Estate Taxes$5,297

Tax Year2023

Assessed Value$370,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)11.26%

Location Information for 392-394 Shaw St, New Bedford MA 02745

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 392-394 Shaw St, New Bedford MA 02745

Agent

Name: Alexander Machado

Office

Name: Seaport Realty

Phone: 508-742-6387

Payment Calculator

, Interest

Property Taxes 441.42

Principal & Interest 3388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Seaport Realty

Alexander Machado

Agent Phone

Office Phone

(508) 742-6387

Text Agent Call Agent Call Office

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EXIT

Closed

392-394 Shaw St, New Bedford MA 02745

$550,000

Annual Expenses for 392-394 Shaw St, New Bedford MA 02745

Annual Income & Unit Breakdown for 392-394 Shaw St, New Bedford MA 02745

General Information for 392-394 Shaw St, New Bedford MA 02745

Disclosures for 392-394 Shaw St, New Bedford MA 02745

Financial Information for 392-394 Shaw St, New Bedford MA 02745

Location Information for 392-394 Shaw St, New Bedford MA 02745

Contact Information for 392-394 Shaw St, New Bedford MA 02745

Agent

Office

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Exclusive Listing Agent

Seaport Realty

Alexander Machado