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Fall River 02721
107 Spencer St
$199,500
● House - Off Market

107 Spencer St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,516 Ft²
$354,307
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Amazing neighborhood, well loved home with many updates to the major items. Newer roof, heating system, oil tank, and windows. Electrical has been upgraded to circuit breakers. Interior could use some updating, but would pass FHA, VA financing. The bedrooms are all good sized, and the den on the first floor could be used as a bedroom, as it has a closet. There is a laundry chute in the upstairs hallway for convenience. All appliances will be included as well as extra fridge  and stand up freezer in the basement. Really nice sized yard with a 2 car garage, and carport attached to it.  Very easy access to Rt. 24, and all sorts of restaurants and shopping. Easy commute to Providence.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$132
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71931259)

Price History

Date / Event Date Event Price
Jan 22, 2016 Sold
Premium
Sold
Nov 12, 2015 Listed by Keller Williams Realty $199,900
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 788
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,141
  • Total Building Area: 1,516
  • Gross Building Area: 3,190
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0D-05 B:0000 L:0124
  • Lot: 124
  • Municipality: FALL RIVER
  • Latitude: 41.6684
  • Longitude: -71.1522

    Address

  • Full Address: 107 Spencer St
  • Address - House Number: 107
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 3223
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $370,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 404,677
  • High Value: 486,766
  • Low Value: 322,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,700
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $180,700

    Sales

  • Current Sale Recording Date: Jan 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1045
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fall River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71931259

Frequently Asked Questions

When was property at 107 Spencer Street built and last sold?
The property at 107 Spencer Street was built in 1930 and last sold on Jan 1, 1970 for $199,500.
How much is this home worth?
The estimated value of the home located at 107 Spencer Street is $213,176.
What are some comparable homes to 107 Spencer Street?
There are currently no comparable homes to 107 Spencer Street.
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