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Closed

508 Rockdale Ave, New Bedford MA 02740

$649,999

Estimated $1,628.89/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,666.33

Total Rent: 0/year

Estimated CAP Rate: -2.19%

7 Bedrooms

3 Full Baths

4,156 SqFt

Total Parking: 5 (2 Garage)

4,439 SqFt

This charming 3-family home in New Bedford is the perfect investment opportunity for you! The first and second floors have undergone a complete renovation, with replacement windows, hardwood floors throughout, and working fireplaces. The second floor also features built-in cabinets and granite countertops in the kitchen. The third floor has a kitchen and living room combo with hardwood floors and 1 bedroom, and 1 bathroom. This property is located in a great neighborhood, close to schools, parks, and shopping, with easy access to major highways. With the pending addition of mass transit to Boston from New Bedford on the horizon, don't miss out on this amazing opportunity!

This home has been viewed 23 times

Last Checked: May 8th, 2024 at 1:36am (Source: MLS PIN #73161401)

Gross Income: $0

Gross Expenses: $14,255

Net Income Calc: $14,255

CAP Rate: -2.19%

Annual Expenses for 508 Rockdale Ave, New Bedford MA 02740

Total Gross Expenses (Calculated)$14,255/year

APOD AvailableYes

Heating

Electricity$169

Water$2,776

Gas$2,776

Insurance$4,411

Sewer$2,776

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,899

Annual Income & Unit Breakdown for 508 Rockdale Ave, New Bedford MA 02740

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water

General Information for 508 Rockdale Ave, New Bedford MA 02740

Listing ID73161401

Property TypeMulti Family / 3 Family

Price$649,999 ($156.4/SqFt)

Style3 Family - 3 Units Up/down

CityNew Bedford

CountyBristol

MLS AreaRockdale

Neighborhood(s)

Approximate Living Area Total4,156 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking5 (2 Garage)

Garage Parking2 / Detached

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 508 Rockdale Ave, New Bedford MA 02740

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$12,867

Total Gross Income By Broker$40,200

Total Net Income By Broker$27,333

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 508 Rockdale Ave, New Bedford MA 02740

Real Estate Taxes$6,899

Tax Year2023

Assessed Value$482,800

Financial Data SourceOwner

Total Gross Expenses By Broker$12,867

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$40,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$27,333

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-2.19%

Location Information for 508 Rockdale Ave, New Bedford MA 02740

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaRockdale

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, University

Contact Information for 508 Rockdale Ave, New Bedford MA 02740

Agent

Name: Patrick Gallagher

Office

Name: Howe Allen Realty

Phone: 774-202-3813

Payment Calculator

, Interest

Property Taxes 574.92

Principal & Interest 4005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Howe Allen Realty

Patrick Gallagher

Agent Phone

Office Phone

(774) 202-3813

Text Agent Call Agent Call Office

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EXIT

Closed

508 Rockdale Ave, New Bedford MA 02740

$649,999

Annual Expenses for 508 Rockdale Ave, New Bedford MA 02740

Annual Income & Unit Breakdown for 508 Rockdale Ave, New Bedford MA 02740

General Information for 508 Rockdale Ave, New Bedford MA 02740

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Financial Information for 508 Rockdale Ave, New Bedford MA 02740

Location Information for 508 Rockdale Ave, New Bedford MA 02740

Contact Information for 508 Rockdale Ave, New Bedford MA 02740

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Howe Allen Realty

Patrick Gallagher