340 Belair St New Bedford, MA 02745

2 beds · 1 bath · 925 sq ft · Lot Size: 9,583 sq ft · Single Family Home · North End
Est. Property Value: $381,871

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340 Belair St is in the North End neighborhood of New Bedford, MA. It is located in Bristol County and ZIP code 02745. This Single Family Home was built in 1964 and is approximately 61 years old. The single family home spans 925 sq ft with 2 bedrooms and 1 bathroom and sits on a 9583 sq ft lot. According to public records, it has a tax-assessed value of $342,665, which is $413 per sq ft. The North End area of New Bedford has 5 residential homes with an average size of 1134 sq ft. Analyze and compare real estate investment strategies for properties like this home at 340 Belair St New Bedford, MA 02745 with Property Intel by Whitepages.

Investment Potential for 340 Belair St

The property has a current estimated value of $381,871, which is 8% above the neighborhood median. Projected long-term rental income is $44,400 annually ($3,700 per month) with a 94% occupancy rate.

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Long-Term

Gross Rental
$44,400 per year($3,700 per month)
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 340 Belair St

No contact information is available.

Occupancy

Current Occupancy*****View Occupancy

Property Details for 340 Belair St

Property Details

Property Sq Ft

Living Area

925 sq ft

18% below market

Lot Size

9,583 sq ft

22% above market

Price Per Sq Ft

Living Area

$413 / sq ft

30% above market

Lot Size Area

$40 / sq ft

18% below market

Property condition, age, exterior, etc. for 340 Belair…
Longitude: -70.940402 Latitude: 41.697124 Parcel Number (APN): NEWB-000130B-000000-000383…

Recommended Properties in North End

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Market Benchmarks

Compare data for 340 Belair St in Bristol County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$381,871
$451,358
-$69,487 (-15%)
$******
$631,393
-$133,595 (-21%)
YoY Price Change
—
—
—
Year Built
1964
1952
12 years
Living Space
925 sq ft
1,176 sq ft
-251 (-21%)
$ Per Living Sq Ft
$413
$374
$39 (10%)
Lot Size
9,583 sq ft
11,326 sq ft
-1743 (-15%)
$ Per Lot Sq Ft
$40
$38
$2 (6%)

Net Operating Income
$*****
$30,654
$1,160 (4%)
Annual Revenue
$44,400
$44,400
$0 (0%)
$*****
$13,898
-$1,312 (-9%)
Net Operating Income
$*****
$30,654
$1,160 (4%)
Cap Rate
****%
6.81%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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