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493 Rivet St, New Bedford, MA, 02740

2beds
1baths
955sqft
$342,500
$359price/sqft
$2,605/moest. monthly cost
$104,200/yrincome needed

About This Home

Come see this bright open ranch style home with so many great updates. This home comes with ample parking, a detached garage, private fenced in yard, efficient gas heat, vinyl plank flooring, new ductless mini splits throughout, and solar panels! All of this and it is centrally located with quick access to the highway.

Getting Around

85
WalkingVery Walkable
32
TransitSome Transit
54
BikeBikeable

Schools

3/10
Roosevelt Middle SchoolGrades 6-81.4 mi
1/10
New Bedford High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1908

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Water Heater,Range,Dishwasher,Refrigerator,Washer,Dryer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

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

Features

  • Flooring: Wood,Tile
  • Finished area above ground: 955

Heating & Cooling

  • Heating features: Baseboard,Natural Gas,Passive Solar,Ductless
  • Cooling features: 3 or More,Ductless

Interior Area

  • Total structure area: 955
  • Total interior livable area: 955 sqft

Master Bathroom

  • Features: No

Property

Details

  • Parcel number: M:0028 L:0156,2886647
  • Attached to another structure: Yes
  • Zoning: RC

Features

  • Patio & porch: Enclosed
  • Exterior features: Patio - Enclosed,Rain Gutters,Fenced Yard
  • Fencing: Fenced/Enclosed,Fenced

Lot

  • Lot size: 2,718 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Paved Drive,Off Street,Tandem,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

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 $1,731$20,772
Home Insurance *$199$2,388
Property Taxes $321$3,852
Electricity $354$4,259
Total$2,605$31,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,314/yr
40% on housing$78,150/yr
45% on housing$69,466/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

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$230
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02740$297
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
2026-04-01Price change$342,500
2026-03-18Price change$345,000
2026-03-03Listed for sale$349,900
2020-07-24Sold$180,000
2020-06-05Listed for sale$189,000
2015-04-13Sold$125,000
2015-03-13Pending sale$129,000
2015-02-12Listed for sale$129,000
2013-12-30Listing removed$119,000
2013-08-28Price change$119,000
2013-07-31Price change$122,000
2013-07-27Price change$122,500
2013-05-01Price change$124,900
2013-04-11Price change$128,900
2013-04-02Price change$138,900
2013-02-06Listed for sale$139,900
2012-12-01Listing removed$139,900
2012-08-30Listed for sale$139,900
2012-05-03Listing removed$135,000
2011-11-03Listed for sale$135,000
2010-10-24Listing removed$128,500
2010-08-04Price change$128,500
2010-07-24Price change$144,900
2010-07-07Price change$149,900
2010-05-20Listed for sale$155,900
2004-05-21Sold$140,000
1997-08-15Sold$2,000
1991-03-01Sold$52,000

For Sale by Agent

AgentSean Lawrence
BrokerageHomeSmart Professionals Real Estate

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