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1481 Phillips Rd #1103 New Bedford — Photo 1 of 42

1481 Phillips Rd #1103 New Bedford — Photo 1 of 42

$299,999

Investment Analysis — 1481 Phillips Rd #1103

New Bedford, MA 02745

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02745 carries an estimated $1,490/mo in gross rent — about a 1.31% cap rate and $3,923/yr in estimated NOI at the $299,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,102

Style

Condominium

Built

2007

Welcome to this beautifully refreshed 2-bedroom, 2-bathroom condo located in the highly desirable North End of New Bedford. Freshly painted and move-in ready, this home offers comfortable, low-maintenance living in one of the area’s most desirable condominium communities.The inviting open-concept layout features a kitchen that flows seamlessly into the living room, creating a bright and comfortable space for everyday living and entertaining. Step outside onto the private balcony—one of the most private in the complex—overlooking the woods and offering a peaceful, natural backdrop rarely found in condo living.Residents enjoy an impressive array of association amenities, including a swimming pool, clubhouse, locked storage unit, and fitness center/gym. Whether you’re looking to relax by the pool, stay active, or enjoy time with neighbors, this community offers amenities designed to complement an easy, enjoyable lifestyle.Ideally located in New Bedford’s North End, this condo offers convenient access to shopping, dining, major routes, and everyday necessities while maintaining a peaceful residential setting. Just minutes from the commuter rail station, offering convenient service to Boston, this location is an excellent option for commuters looking to enjoy the best of both convenience and low-maintenance living.With its fresh interior, desirable open floor plan, private wooded views, exceptional association amenities, and convenient access to Boston, this is an opportunity not to be missed.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$299,999
Annual Taxes$3,186.45
HOA Fee$540

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Listing Provided By

Listing Agent: Matthew Patty

Listing Office: Real Broker MA, LLC

MLS® Number: 73570311