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124 Clara St, New Bedford, MA, 02744

3beds
2baths
1,528sqft
$375,000
$245price/sqft
$2,773/moest. monthly cost
$110,920/yrincome needed

About This Home

Solid opportunity in New Bedford’s Clark’s Point neighborhood! This 3-bedroom, 1.5-bathroom single-family home offers strong potential for buyers or investors alike. All essential systems and mechanicals are fully operational, providing a functional baseline so you can live in the home comfortably while bringing your own renovation ideas to life over time. Exterior highlights include off-street parking, a detached garage, and a nice yard with mature grapevines and garden space. The location packs in outstanding coastal lifestyle amenities: you are just a short walk straight down the street to public ocean beaches, the scenic coastal walking trails at Fort Taber Park, Hazelwood Park, and the Cove Walk path along Clark's Cove. Popular local gathering spots like Cisco Brewers and the shops, dining, and events at Kilburn Mill are right in your neighborhood. Commuters will also appreciate being less than 3 miles from the new MBTA Commuter Rail station. A practical home offering space, functionality, and outstanding location value. Buyer and buyer’s agent to perform all due diligence.

Getting Around

69
WalkingSomewhat Walkable
32
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

3/10
Roosevelt Middle SchoolGrades 6-80.2 mi
1/10
New Bedford High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1923

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Finished area above ground: 1,528

Heating & Cooling

  • Heating features: Radiant,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,528
  • Total interior livable area: 1,528 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: M:0012 L:0160,2883981
  • Zoning: RB
  • Exclusions: Personal Belongings

Features

  • Exterior features: Rain Gutters,Fenced Yard,Fruit Trees,Garden
  • Fencing: Fenced/Enclosed,Fenced
  • Waterfront features: Beach Access,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)

Lot

  • Lot size: 4,700 sqft
  • Features: Level

Parking

  • Total spaces: 5
  • Parking features: Detached,Storage,Workshop in Garage,Garage Faces Side,Paved Drive,Off Street,On Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$172$2,064
Property Taxes $351$4,212
Electricity $354$4,259
Total$2,773$33,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,074/yr
40% on housing$83,190/yr
45% on housing$73,946/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 02744$223
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02744$271
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$375,000
1993-12-29Sold$65,000

For Sale by Agent

AgentPhilip Rebello
BrokerageKeller Williams South Watuppa

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