131 Chestnut Street, New Bedford MA 02740

New Bedford, MA 02740
$130,000
4
Beds
4
Baths
3,528
Sq Ft
$37
Price/Sq Ft
0.08
Acres
1910
Year Built
5-9 Family
Type
33
Days on Market
Sold 2002 Listed Dec 5, 2001 • MLS# 30565246 Copied! • Updated Feb 26, 2002

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Sale Statistics

Sale Overview
Original List Price: $159,000
Final Sale Price: $130,000
Difference: $29,000 (-18.2%)
Performance Metrics
81.8%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $45
Sale $/sq ft: $37
This property sold for $37 per square foot
Sale Summary

This property sold for 18.2% below the original asking price.

The property spent 33 days on market before selling.

About this home

SIX 1 BR UNITS HEAT GHWR STEAM-80 GAL HOT WATER 1 LEASED APT-OTHERS ARE TAW-GOOD LOCATION POSITIVE CASH FLOW-6 STOVE-FRIG INCLUDED ALL UTIL. INCLUDED TOTAL ANNUAL INCOME 36,276+- EXP: 10,224

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Recently Sold Nearby

Price & Status History

Market Insights

83.7%
Price Range
34
Total Days on Market

Property Timeline

Current Active Listing - MLS #73600376
Full transaction history available when tracking began
🏡
Currently Listed
Nov 9, 2026
$799,900
MLS #73600376 - Active
View Listing →
✓
Sold
Feb 25, 2002
$130,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Dec 5, 2001
$159,000
Original listing
Agent: Ernest Leger Office: Century 21 Hughes & Carey

Tax History

Year Taxes Assessment
2001 $1,705 $110,100

Financial Details

Annual Property Tax
$1,705
Tax Year 2001
Assessed Value
$110,100

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1910
Living Area 3,528 sq ft
Lot Size 0.08 acres
Stories 4
Bedrooms 4
Full Baths 4
Total Rooms 20

Investment Metrics

Units 6
Unit 1 Rent $475/mo · N
Unit 2 Rent $460/mo · N
Unit 3 Rent $498/mo · N
Unit 4 Rent $520/mo · N
Total Monthly Rent $1,953/mo
Gross Income $23,436
Net Operating Income $14,720
Operating Expenses $8,716
Water/Sewer Expense $1,403
Electric Expense $1,609
Insurance Expense $1,704
Cap Rate 9.26%
Heating Steam, Central, Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Studio, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Electric 60 Amps/less, Other (see Remarks)
Water Public, City/town Water
Sewer Public Sewer, City/town Sewer
Gas None
Other None

Financial

Annual Tax $1,705
Assessed Value $110,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color GRAY
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
5-9 Family
Listing Type
Sold
Year Built
1910
Bedrooms
4
Full Bathrooms
4
Living Area
3,528 sq ft
Total Rooms
20
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Studio, Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite
Stories: 4

Utilities & Systems

Heating: Steam, Central, Natural Gas
Heating Zones: 1
Cooling:
Hot Water:
Water Source: Public, City/Town Water
Sewer: Public Sewer, City/Town Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Other
Road Frontage: 50.00 ft
Road Surface: Paved

Parking & Garage

Parking Features: Off Street
School District
New Bedford School District local
D
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
⚠ School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
↑ 0.5% above state avg
E

Elementary Schools

10 schools
Child and Family Services
0.3 mi
Grades K-12
B+
Trinity Day Academy
0.3 mi | #149 of 346 | Score: 72.4
Same rank as last year
87 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
Holy Family-Holy Name School
0.3 mi
Grades PK-08
St. James-St. John School
1.0 mi
Grades PK-08
C
Global Learning Charter Public School
1.2 mi | #273 of 346 | Score: 45.2
Dropped 3 spots from last year
-13 below state avg
501 students Diverse
High Graduation Rate College Ready Curriculum Diverse Student Body Strong Attendance
Grades 05-12
Nazarene Christian Academy
1.7 mi
Grades PK-12
C+
Alma del Mar Charter School
1.7 mi | #232 of 352 | Score: 37.7
Improved 36 spots from last year
-20.5 below state avg
1,044 students Diverse
Rising School
Grades K-08
All Saints Catholic School
2.8 mi
Grades PK-08
D
John Avery Parker School
0.2 mi | #779 of 825 | Score: 30.6
Improved 48 spots from last year
-27.6 below state avg
210 students Diverse
Rising School Diverse Student Body
Grades PK
West End Day Nursery School
0.2 mi
Grades PK
M

Middle Schools

5 schools
Nativity Prep School
0.7 mi
Grades 05-08
Our Sisters' School
1.5 mi
Grades 05-06
C-
Keith Middle School
0.9 mi | #307 of 352 | Score: 31.0
Dropped 18 spots from last year
-27.2 below state avg
918 students Diverse
Diverse Student Body
Grades 06-08
C-
Roosevelt Middle School
2.5 mi | #305 of 352 | Score: 31.3
Improved 43 spots from last year
-26.9 below state avg
779 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Normandin Middle School
2.7 mi | #295 of 352 | Score: 32.1
Improved 9 spots from last year
-26.1 below state avg
922 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.5 mi | #338 of 346 | Score: 21.9
Improved 16 spots from last year
-36.3 below state avg
190 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
0.6 mi | #262 of 346 | Score: 46.3
Improved 39 spots from last year
-11.9 below state avg
2,792 students Diverse
19 sports • 1,326 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
C+
Greater New Bedford Vocational Technical High School
3.3 mi | #232 of 346 | Score: 49.4
Dropped 43 spots from last year
-8.8 below state avg
2,161 students Diverse
19 sports • 1,754 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

131 Chestnut Street, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Ernest Leger
Listing Office Century 21 Hughes & Carey
Office Phone 508-999-4541
Agent MLS ID BB800046
Office MLS ID BB9372
Listing Data Updated Feb 26, 2002 10:29 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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