518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740
$463,500
Est. $2,880/month
5
Beds
3
Baths
2,160
Sq Ft
$215
Price/Sq Ft
0.07
Acres
1892
Year Built
32
Days on Market
Closed Listed Dec 30, 2024 • MLS# 73321775 Copied!

About this home

Charming 3-Family Home with Recent Upgrades and Prime Location! Welcome to this gorgeous multi-family, offering spacious living and great investment potential. Located just half a mile from the new MBTA Commuter Rail Train Station, this property is ideal for commuters and offers a prime spot in a growing neighborhood. The first floor has been recently renovated, creating a fresh and updated living space. The first and second floors each feature 2 bedrooms and 1 bath, with oversized bathrooms offering plenty of space. The third floor boasts a cozy 1-bedroom, 1-bath unit. Each unit has its own utilities, and there is a dedicated house meter for added convenience. The space heater on the 3rd floor was replaced in 2022, and the cast iron waste pipe in the basement was replaced last year, providing peace of mind for years to come. Schedule your showing today!

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1892
Bedrooms
5
Full Bathrooms
3
Living Area
2,160 sq ft
Total Rooms
14
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $463,500
Difference: $36,400 (-7.3%)
Performance Metrics
92.7%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $231
Sale $/sq ft: $215
This property sold for $215 per square foot
Sale Summary

This property sold for 7.3% below the original asking price.

The property spent 32 days on market before selling.

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1892
Living Area 2,160 sq ft
Lot Size 0.07 acres
Bedrooms 5
Full Baths 3
Total Rooms 14

Interior

Heating Space Heater
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Dining Room, Kitchen, Living Rm/dining Rm Combo

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric Circuit Breakers, Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,036
Assessed Value $336,300

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1892
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Space Heater
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

518 Cottage St, New Bedford MA 02740

New Bedford, MA 02740

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $336
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

15.7%
Price Range
33
Total Days on Market

Property Timeline

Current Active Listing - MLS #73421006
Full transaction history available when tracking began
🏡
Currently Listed
Aug 21, 2025
$550,000
MLS #73421006 - Active
Sold
Apr 4, 2025
$463,500
Property sold
Days on Market: 33
🏠
Listed for Sale
Dec 30, 2024
$479,900
Original listing
Agent: Brandan Burke Office: Amaral & Associates RE

Price & Status History

Date Event Price Change
Dec 3, 2025 Sold $550,000
Dec 30, 2024 New Listing Added $479,900

Market Statistics

Days on Market
32 days
Price per Sq Ft
$215

Tax History

Year Taxes Assessment
2024 $4,036 $336,300

Financial Details

Annual Property Tax
$4,036
Tax Year 2024
Assessed Value
$336,300

Listing Information

Listing Agent Brandan Burke
Listing Office Amaral & Associates RE
Agent MLS ID CN240557
Office MLS ID AN8044
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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Market Analytics for New Bedford, MA

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