104 Matthew St New Bedford, MA 02740

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3 beds · 2 baths · 1,520 sq ft · Lot Size: 5,227 sq ft · Single Family Home
Est. Property Value: $391,047

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104 Matthew St is in the 02740 neighborhood of New Bedford, MA. It is located in Bristol County and ZIP code 02740. This Single Family Home was built in 2005 and is approximately 20 years old. The single family home spans 1520 sq ft with 3 bedrooms and 2 bathrooms and sits on a 5227 sq ft lot. According to public records, it was sold for $255,000 and has a tax-assessed value of $398,240, which is $257 per sq ft. The 02740 area of New Bedford has 1 residential homes with an average size of 1455 sq ft. Analyze and compare real estate investment strategies for properties like this home at 104 Matthew St New Bedford, MA 02740 with Property Intel by Whitepages.

104 Matthew St

New Bedford, MA 02740

Neighborhood

Owners & Occupancy for 104 Matthew St

This property is owned by Clara A Pimentel. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Cell Phone(312) ***-****View Cell Phone
Residence***************
Landline(312) 427-3026
Distance from Property**********
Email Address**********@att.netView Email
Residence***************
Landline(508) 997-2532
Distance from Property**********
Email Address****************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 43
Resident 2***************** age 57

Property Financials for 104 Matthew St

104 Matthew St, New Bedford, MA has a mortgage from Mtg Elctrn Registration Syss (orig. January 22, 2024). The Bristol county assessment for 2024 values it at $398,240, with annual taxes of $5,293.

Mortgage & Equity Information

Loan Amount$******
LenderMtg Elctrn Registration Syss
Origination DateJanuary 22, 2024
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Property Tax Amount$5,293 in 2024
Purchase Price$255,000
Assessed Value$398,240 on 2024

Investment Potential for 104 Matthew St

The property has a current estimated value of $391,047, which is 1% above the zip median, based on public records. It last sold for $255,000. Projected long-term
is $44,400 annually ($3,700 per month) with a 92% occupancy rate.

Discover more Single Family Homes in 02740.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 02740 zip code
 
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Property Details for 104 Matthew St

Property Details

Property Sq Ft

Living Area

1,520 sq ft

9% above market

Lot Size

5,227 sq ft

9% above market

Price Per Sq Ft

Living Area

$257 / sq ft

7% below market

Lot Size Area

$75 / sq ft

9% below market

Property condition, age, exterior, etc. for 104 Matthe…
Longitude: -70.939809 Latitude: 41.618287 Parcel Number (APN): NEWB-000022-000000-000040…

Recommended Properties in 02740

Discover more single family homes near 104 Matthew 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 104 Matthew St in Bristol County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$391,047
$553,061
-$162,015 (-29%)
$770,357
-$120,364 (-16%)
YoY Price Change
Year Built
2005
1962
43 years
Living Space
1,520 sq ft
1,570 sq ft
-50 (-3%)
$ Per Living Sq Ft
$257
$347
-$90 (-26%)
Lot Size
5,227 sq ft
15,246 sq ft
-10019 (-66%)
$ Per Lot Sq Ft
$75
$34
$40 (118%)

Net Operating Income
$28,945
$1,360 (5%)
Annual Revenue
$44,400
$44,400
$0 (0%)
$15,932
-$1,837 (-12%)
Net Operating Income
$28,945
$1,360 (5%)
Cap Rate
5.27%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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