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52 Days on market
1040 Cove Road Unit 4 #4 New Bedford — Photo 1 of 23

1040 Cove Road Unit 4 #4 New Bedford — Photo 1 of 23

$174,900

Investment Analysis — 1040 Cove Road Unit 4 #4

New Bedford, MA 02744

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 2-bedroom in 02744 carries an estimated $1,490/mo in gross rent — about a 5.84% cap rate and $10,208/yr in estimated NOI at the $174,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

706

Style

Condominium

Built

1974

CONDO LIVING! CONVENIENT LOCATION. THIS UNIT HAS BEEN UPDATED WITH NEW WINDOWS, A NEW BATHROOM WITH WALK-IN TUB, COMPOSITE FLOORING IN BEDROOMS AND TILE. NEW HOT WATER TANK. THERE IS A PRIVACY GLASS DOOR SEPARATING THE KITCHEN FROM THE LIVING ROOM. UNIT HAS IN-UNIT LAUNDRY, REFRIGERATOR AND COOKING STOVE. PARKING SPACE #6 CLOSEST TO COVE ROAD IS ASSIGNED TO THIS UNIT.

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 MLS and other third-party data may be inaccurate or out of date.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$174,900
Annual Taxes$1,401
HOA Fee$165

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingElectric
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle
Foundation--
ZoningMUB

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Listing Provided By

Listing Agent: Avery Brannaka

Listing Office: Carol Brannaka REALTORS®

MLS® Number: 73553277