495 Cedar Grove St New Bedford — Photo 1 of 26
$649,000
Investment Analysis — 495 Cedar Grove St
New Bedford, MA 02746
Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 3-unit multi-family in 02746 carries an estimated $4,180/mo in gross rent — about a 5.12% cap rate and $33,213/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,456
Style
3 Family
Built
1910
The 3 family you have been looking for!! Meticulously renovated and maintained, this property does not disappoint. All units renovated in the last 4 years. This investment property is fully occupied and cash flowing. The first floor features one (1) bedroom apartment and one (2) bedroom apartment. The second floor is a real bonus with 2 bedrooms and two more additional bonus rooms in this townhouse style unit on the third floor of the property for additional space. The exterior has been recently painted with an asphalt base coat just added to the 9+ car driveway! Don't miss out on this one, within walking distance to highway access.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Team Roso
Listing Office: RE/MAX Vantage
MLS® Number: 73572517
