Investment Potential for 16 Hill Rd

The property has a current estimated value of $365,879, which is 12% below the neighborhood median, based on public records. It last sold on December 20, 1993 for $116K. Projected long-term

is $45,000 annually ($3,750 per month) with a 94% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$115,500

Sold December 20, 1993

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$366K

($354K - $378K)

12% below neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Far North End.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$45,000 per year($3,750 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

94%in 02745 zip code

View Rental Potential

Owners & Occupancy for 16 Hill Rd

This property is owned by Paul E Malita. Owner contact information includes 3 phone numbers and 3 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$250,379

Purchased December 20, 1993

Number of Owners

2

Property Owners

Paul E Malita, age **

Cell Phone	(508) *-**View Cell Phone
Residence	***************
Landline	(508) 995-6367
Distance from Property	**********
Email Address	****@comcast.netView Email

Property Ownership Information

Purchase Date	December 20, 1993
Property Tax Amount	$4,040 in 2024
Purchase Price	$115,500

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	**************** age 72
Resident 2	************* age 70

Property Details for 16 Hill Rd

Estimated Mortgage Balance

$*

View Mortgage Info

Estimated Equity

Property Age

55 years

30 years newer than neighborhood median

Property Details

Property Sq Ft

Living Area

1,027 sq ft

35% below market

Lot Size

7,841 sq ft

56% below market

Price Per Sq Ft

Living Area

$356 / sq ft

18% above market

Lot Size Area

$47 / sq ft

8% below market

Property Information

Property condition, age, exterior, etc. for 16 Hill Rd…

Land & Location Information

Longitude: -70.94158 Latitude: 41.724467 Parcel Number (APN): NEWB-000136C-000000-000056…

Mortgage & Equity Information

Mortgage originated on through lender: Shawmut Mtg for$*****View Mortgage Details

Recommended Properties in Far North End

Discover more single family homes near 16 Hill Rd in New Bedford, Massachusetts. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Valued below Market Median
$327K - $357K
Est. Value
810 Pine Hill Dr, New Bedford, MA 02745
3 beds · 2 baths · 925 sq ft · Built: 1964
Owner Age 55 - 65
$448K - $495K
Est. Value
3472 Acushnet Ave, New Bedford, MA 02745
3 beds · 2 baths · 1,432 sq ft · Built: 1926
Owner Age Above 75
$336K - $366K
Est. Value
37 Ivy Rd, New Bedford, MA 02745
3 beds · 1 baths · 1,050 sq ft · Built: 1966
Owner Age 65 - 75
$336K - $356K
Est. Value
48 Blueberry Ter, New Bedford, MA 02745
3 beds · 1 baths · 925 sq ft · Built: 1963
Owned for 25 - 50 Years
$324K - $357K
Est. Value
61 Puritan Way, New Bedford, MA 02745
3 beds · 1 baths · 960 sq ft · Last Sold: $116,000 in 1991 · Built: 1986
Owner Age 65 - 75
$393K - $427K
Est. Value
53 Puritan Way, New Bedford, MA 02745
3 beds · 2 baths · 1,028 sq ft · Last Sold: $127,500 in 1990 · Built: 1986
High Demand Long-Term Rental
$355K - $391K
Est. Value
18 Pine Hill Ct, New Bedford, MA 02745
3 beds · 2 baths · 925 sq ft · Last Sold: $245,000 in 2017 · Built: 1965
Owned for 10 - 15 Years
$352K - $381K
Est. Value
31 Rounseville St, New Bedford, MA 02745
3 beds · 1 baths · 1,144 sq ft · Last Sold: $188,500 in 2012 · Built: 1985
Owner Age 45 - 55
$353K - $390K
Est. Value
43 Irene St, New Bedford, MA 02745
3 beds · 1 baths · 960 sq ft · Built: 1978
Owner Age 55 - 65
$374K - $412K
Est. Value
79 Ivy Rd, New Bedford, MA 02745
3 beds · 2 baths · 993 sq ft · Built: 1966
Owned for 10 - 15 Years
$290K - $316K
Est. Value
3044 Acushnet Ave, New Bedford, MA 02745
2 beds · 1 baths · 840 sq ft · Last Sold: $70,000 in 2014 · Built: 1954
Owned for Less Than 5 Years
$419K - $455K
Est. Value
1121 Churchill St, New Bedford, MA 02745
3 beds · 2 baths · 1,480 sq ft · Last Sold: $549,000 in 2023 · Built: 1964
Owned for Less Than 5 Years
$409K - $445K
Est. Value
21 Heritage Ct, New Bedford, MA 02745
3 beds · 2 baths · 1,332 sq ft · Last Sold: $499,500 in 2024 · Built: 1986
Owned for 25 - 50 Years
$316K - $348K
Est. Value
69 Briarwood Dr, New Bedford, MA 02745
2 beds · 1 baths · 825 sq ft · Built: 1969
Owner Age 65 - 75
$406K - $436K
Est. Value
4 Cottonwood Rd, New Bedford, MA 02745
3 beds · 1 baths · 1,388 sq ft · Built: 1968
Owner Age 55 - 65
$409K - $448K
Est. Value
59 Ventura Ln, New Bedford, MA 02745
3 beds · 2 baths · 1,332 sq ft · Built: 1996
Owner Age Above 75
$353K - $382K
Est. Value
106 Cottonwood Rd, New Bedford, MA 02745
3 beds · 1 baths · 1,273 sq ft · Last Sold: $232,000 in 2017 · Built: 1969
High Demand Long-Term Rental
$388K - $423K
Est. Value
1072 Sheffield St, New Bedford, MA 02745
3 beds · 1 baths · 1,170 sq ft · Last Sold: $182,500 in 2014 · Built: 1935
High Demand Long-Term Rental
$384K - $408K
Est. Value
88 Doreen St, New Bedford, MA 02745
3 beds · 1 baths · 1,188 sq ft · Last Sold: $216,000 in 2017 · Built: 1987
Owner Age 45 - 55
$402K - $432K
Est. Value
77 Puritan Way, New Bedford, MA 02745
3 beds · 2 baths · 1,028 sq ft · Built: 1986

Market Benchmarks

Compare data for 16 Hill Rd in Bristol County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$365,879

$415,734

-$49,855 (-12%)

$544,154

-$178,276 (-33%)

$******

$********

$******* (****%)

$768,844

-$316,953 (-41%)

YoY Price Change

—

Year Built

1970

1940

30 years

1962

8 years

Living Space

1,027 sq ft

1,584 sq ft

-557 (-35%)

1,570 sq ft

-543 (-35%)

$ Per Living Sq Ft

$356

$302

$55 (18%)

$345

$11 (3%)

Lot Size

7,841 sq ft

17,860 sq ft

-10019 (-56%)

15,246 sq ft

-7405 (-49%)

$ Per Lot Sq Ft

$47

$51

-$4 (-8%)

$37

$10 (26%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*** (****%)

$29,572

$2,686 (9%)

Annual Revenue

$45,000

$43,800

$1,200 (3%)

$44,400

$600 (1%)

$*****

$*** (****%)

$15,325

-$2,583 (-17%)

Net Operating Income

$*****

$*** (****%)

$29,572

$2,686 (9%)

Cap Rate

****%

—

5.38%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	1.5
Year Built	1970
Building Sq Ft	1,027 sq ft
Lot Size	0 Acres
Living Space	1,027 sq ft
Basement	1,027 sq ft
Heating / Fuel	Forced Air
Roof Covering	Asphalt Shingle

Loan Amount	$*****
Lender	Shawmut Mtg
Origination Date	December 20, 1993
Interest Rate	****%
Term	30 Years
Est Balance	$*
Due Date	*****************
Equity	View Equity

APN	NEWB-000136C-000000-000056
Census Tract	6501012003
Municipality	New Bedford
County	Bristol
Zoning	RA
Neighborhood	Far North End
Longitude / Latitude	-70.94158 / 41.724467
Lot Size	7,841 sq ft

16 Hill Rd New Bedford, MA 02745

property value

$365,879

neighborhood valuation

$415,734

market valuation

$386,403

investment intelligence

Investment Potential for 16 Hill Rd

rental income

property appreciation

Last Sale Amount

$115,500

property value

$366K

($354K - $378K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 16 Hill Rd

Occupancy

Appreciation Since Purchased

$250,379

Number of Owners

2

Property Owners

Paul E Malita, age **

Stephen C Malita, age **

Property Ownership Information

Occupancy

Property Details for 16 Hill Rd

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

55 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in Far North End

$327K - $357K

Est. Value

810 Pine Hill Dr, New Bedford, MA 02745

3 beds · 2 baths · 925 sq ft · Built: 1964

$448K - $495K

Est. Value

3472 Acushnet Ave, New Bedford, MA 02745

3 beds · 2 baths · 1,432 sq ft · Built: 1926

$336K - $366K

Est. Value

37 Ivy Rd, New Bedford, MA 02745

3 beds · 1 baths · 1,050 sq ft · Built: 1966

$336K - $356K

Est. Value

48 Blueberry Ter, New Bedford, MA 02745

3 beds · 1 baths · 925 sq ft · Built: 1963

$324K - $357K

Est. Value

61 Puritan Way, New Bedford, MA 02745

3 beds · 1 baths · 960 sq ft · Last Sold: $116,000 in 1991 · Built: 1986

$393K - $427K

Est. Value

53 Puritan Way, New Bedford, MA 02745

3 beds · 2 baths · 1,028 sq ft · Last Sold: $127,500 in 1990 · Built: 1986

$355K - $391K

Est. Value

18 Pine Hill Ct, New Bedford, MA 02745

3 beds · 2 baths · 925 sq ft · Last Sold: $245,000 in 2017 · Built: 1965

$352K - $381K

Est. Value

31 Rounseville St, New Bedford, MA 02745

3 beds · 1 baths · 1,144 sq ft · Last Sold: $188,500 in 2012 · Built: 1985

$353K - $390K