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48-50 Frederick St, New Bedford MA 02744

$525,000

Estimated $1,342.29/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,500

Total Rent: 12600/year

Estimated CAP Rate: 1.28%

6 Bedrooms

2 Full Baths

2,350 SqFt

Total Parking: 9 (3 Garage)

5,650 SqFt

Beautiful two unit home, with numerous, extensive improvements. Basement has been remodeled, and is ready for it's next owner. First floor is owner occupied. Plenty of updates. A must see. Do not miss out, this property won't last!

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 8:06am (Source: MLS PIN #73099699)

Gross Income: $12,600

Gross Expenses: $5,892

Net Income Calc: $6,708

CAP Rate: 1.28%

Beach Front

Annual Expenses for 48-50 Frederick St, New Bedford MA 02744

Total Gross Expenses (Calculated)$5,892/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,892

Annual Income & Unit Breakdown for 48-50 Frederick St, New Bedford MA 02744

Total Gross Income (Calculated)$12,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,050

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 48-50 Frederick St, New Bedford MA 02744

Listing ID73099699

Property TypeMulti Family

Price$525,000 ($223.4/SqFt)

StyleMulti Family

CityNew Bedford

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,350 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking9 (3 Garage)

Garage Parking3 / Detached

Year Built1923

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front

Energy Features

Terms

Disclosures for 48-50 Frederick St, New Bedford MA 02744

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure2350 sq ft does not include basement.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$12,600

Total Net Income By Broker$12,600

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 48-50 Frederick St, New Bedford MA 02744

Real Estate Taxes$5,892

Tax Year2023

Assessed Value$412,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$12,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$12,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.28%

Location Information for 48-50 Frederick St, New Bedford MA 02744

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 48-50 Frederick St, New Bedford MA 02744

Agent

Name: Nancy Bramwell

Office

Name: revolv of Dartmouth

Phone: 508-901-5265

Payment Calculator

, Interest

Property Taxes 491

Principal & Interest 3234.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

revolv of Dartmouth

Nancy Bramwell

Agent Phone

Office Phone

(508) 901-5265

Text Agent Call Agent Call Office

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    [description] => Beautiful two unit home, with numerous, extensive improvements. Basement has been remodeled, and is ready for it's next owner. First floor is owner occupied. Plenty of updates. A must see. Do not miss out, this property won't last!
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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT