48 Hussey St New Bedford, MA 02740

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4 beds · 1 bath · 1,676 sq ft · Lot Size: 3,920 sq ft · Single Family Home · West End
Est. Property Value: $449,641

High Demand Long-Term RentalValued below Market MedianOwned for Less Than 5 YearsOwner Age 45 - 55

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48 Hussey St is in the West End neighborhood of New Bedford, MA. It is located in Bristol County and ZIP code 02740. This Single Family Home was built in 1921 and is approximately 104 years old. The single family home spans 1676 sq ft with 4 bedrooms and 1 bathroom and sits on a 3920 sq ft lot. According to public records, it was last sold in 2021 for $295,000 and has a tax-assessed value of $411,065, which is $268 per sq ft. The West End area of New Bedford has 3 residential homes with an average size of 3498 sq ft. Analyze and compare real estate investment strategies for properties like this home at 48 Hussey St New Bedford, MA 02740 with Property Intel by Whitepages.

48 Hussey St

New Bedford, MA 02740

Owner Info

Owners & Occupancy for 48 Hussey St

This property is owned by Beth S Silva. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(774) ***-****View Cell Phone
Residence*******************
Landline(508) 995-2549
Distance from Property**********
Email Address*************@hotmail.comView Email
View All Owner Info

Occupancy

Resident 1***********
Resident 2*************

Property Financials for 48 Hussey St

48 Hussey St, New Bedford, MA has a mortgage from Broker Solutions Inc (orig. January 29, 2021). The Bristol county assessment for 2024 values it at $411,065, with annual taxes of $4,054.

Mortgage & Equity Information

Loan Amount$******
LenderBroker Solutions Inc
Origination DateJanuary 29, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateJanuary 29, 2021
Property Tax Amount$4,054 in 2024
Purchase Price$295,000
Assessed Value$411,065 on 2024

Investment Potential for 48 Hussey St

The property has a current estimated value of $449,641, which is 57% below the neighborhood median, based on public records. It last sold on January 29, 2021 for $295K. Projected long-term
is $45,000 annually ($3,750 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 02740 zip code
 
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Property Details for 48 Hussey St

Property Details

Property Sq Ft

Living Area

1,676 sq ft

52% below market

Lot Size

3,920 sq ft

96% below market

Price Per Sq Ft

Living Area

$268 / sq ft

13% below market

Lot Size Area

$115 / sq ft

1187% above market

Property condition, age, exterior, etc. for 48 Hussey …
Longitude: -70.949674 Latitude: 41.634906 Parcel Number (APN): NEWB-000049-000000-000017…

Recommended Properties in West End

Discover more single family homes near 48 Hussey St 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.

Market Benchmarks

Compare data for 48 Hussey St in Bristol County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$449,641
$797,821
-$348,180 (-44%)
$******
$1,067,609
-$320,221 (-30%)
YoY Price Change
****%
2.3%
-218%
Year Built
1921
1969
-48 years
Living Space
1,676 sq ft
2,408 sq ft
-732 (-30%)
$ Per Living Sq Ft
$268
$339
-$71 (-21%)
Lot Size
3,920 sq ft
22,216 sq ft
-18296 (-82%)
$ Per Lot Sq Ft
$115
$36
$79 (219%)

Net Operating Income
$*****
$24,683
$6,960 (28%)
Annual Revenue
$45,000
$44,400
$600 (1%)
$*****
$20,488
-$7,131 (-35%)
Net Operating Income
$*****
$24,683
$6,960 (28%)
Cap Rate
****%
3.12%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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