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124 Mill St, New Bedford, MA, 02740

5beds
1baths
1,900sqft
$450,000
$237price/sqft
$3,331/moest. monthly cost
$133,240/yrincome needed

About This Home

Welcome to this beautifully renovated 5 bedroom, home that perfectly combines classic charm with today's modern updates. From the moment you arrive, you'll appreciate the outstanding curb appeal, highlighted by brand new vinyl siding, all new windows, a brand new roof, and updated plumbing and electrical service, providing years of low maintenance living and peace of mind. Step inside to discover a spacious, move in ready interior featuring beautiful hardwood floors, generous room sizes, and a versatile layout designed to accommodate today's lifestyle. Whether you need space for a growing family, a home office, or guest rooms, this home offers the flexibility you've been looking for. The updated kitchen features brand new appliances, while the included new washer and dryer add everyday convenience. The home's major mechanical systems have also been upgraded with a high efficiency Viessmann heating system, complemented by new plumbing and electrical service, ensuring exceptional comfort, efficiency, and reliability for years to come. Downstairs, the expansive basement provides an abundance of storage space with endless potential for a workshop, hobby area, home gym, or additional finished living space. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major highways, this property offers the perfect combination of comfort, convenience, and value. If you've been searching for a spacious, fully updated home that's truly move in ready, this is one you won't want to miss!

Getting Around

88
WalkingVery Walkable
51
TransitGood Transit
56
BikeBikeable

Schools

3/10
Sgt Wm H Carney AcademyGrades PK-50.1 mi
3/10
Keith Middle SchoolGrades 6-81.1 mi
1/10
New Bedford High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood,Laminate
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,900

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Property

Details

  • Parcel number: M:0058 L:0481,2893310
  • Zoning: RC

Lot

  • Lot size: 2,613 sqft
  • Features: Corner Lot

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 $2,275$27,300
Home Insurance *$261$3,132
Property Taxes $421$5,052
Electricity $374$4,496
Total$3,331$39,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,205/yr
40% on housing$99,930/yr
45% on housing$88,826/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

$237This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$229
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
2026-08-11Price change$445,000
2026-07-27Listed for sale$450,000
2026-05-15Sold$300,000
2026-04-26Listed for sale$299,900

For Sale by Agent

AgentChristopher Mongeon
BrokeragePeak Real Estate

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