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16 Washburn St, New Bedford, MA, 02740

8beds
3baths
2,850sqft
$799,900
$281price/sqft
$5,820/moest. monthly cost
$232,800/yrincome needed

About This Home

**BRAND NEW CONSTRUCTION!** Yes, you Read that Right! Welcome to 16 Washburn - A 2026 COMPLETED MASSIVE 3000 SF DUPLEX (3 UNIT POTENTIAL) in the Heart of New Bedford! Incredible Investment or Owner Occupied Opportunity OFFERING 8 BEDROOMS AND 3 BATHROOMS, MASSIVE OFF STREET PARKING LOT OUT BACK, AS WELL AS GREEN BACKYARD! No Detail Was Missed During Construction - HIGH END APPLIANCES W/ Ice Maker, Pot Filler Above Stove, Ceiling Height Slow Close Cabinets, ONE WAY MIRROR WINDOWS, INDIVIDUAL HEATING & COOLING FOR EACH BEDROOM, SPLIT IN UNIT, TOP OF THE LINE FINISHES, WATERFALL & VERTICAL JET SHOWER, FULL LAUNDRY ROOM, AND SO MUCH MORE. Offering (1x) 3 Bedroom 1 Bath Unit & (1x) 5 BEDROOM, 2 BATH TOWNHOUSE STYLE UNIT, W/ SPACE FOR AN ADDITIONAL KITCHEN! Excellent Floor Plans, Fully Applianced, Massive Bedrooms, Fully Vinyl Sided Exterior - YOU CANNOT GO WRONG WITH NEW CONSTRUCTION! ACT FAST!

Getting Around

82
WalkingVery Walkable
40
TransitSome Transit
58
BikeBikeable

Schools

3/10
Keith Middle SchoolGrades 6-81.4 mi
1/10
New Bedford High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 2026

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Vinyl
  • Finished area below ground: 1,200
  • Finished area above ground: 2,850

Interior Area

  • Total structure area: 2,850
  • Total interior livable area: 2,850 sqft

Property

Details

  • Parcel number: M:0085 L:0218,2897383
  • Zoning: IA

Features

  • Patio & porch: Porch
  • Exterior features: Rain Gutters
  • Fencing: Fenced/Enclosed
  • Frontage length: 40.00

Lot

  • Lot size: 5,232 sqft
  • Features: Level,Other

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street,Driveway,Stone/Gravel,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $4,044$48,528
Home Insurance *$465$5,580
Property Taxes $749$8,988
Electricity $562$6,744
Total$5,820$69,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,542/yr
40% on housing$174,600/yr
45% on housing$155,200/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

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$228
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
2026-03-23Listed for sale$799,900
1992-05-04Sold$40,000

For Sale by Agent

AgentAdam Walorz
BrokerageRedlon Realty LLC

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