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Fall River 02720
1076 New Boston Rd
$500,000
● House - Off Market

1076 New Boston Rd

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,786 Ft²
$503,875
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Immaculate raised ranch in a great neighborhood convenient to highways, schools and shopping.  Don't miss this one with 2 levels of move in ready space for your growing family on almost half an acre of land.  Like to entertain outdoors too then you won't want to miss the gorgeous concrete patio with Gazebo and pool and firepit.
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$280
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #73084647)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Apr 12, 2023 In contract -
In contract
Apr 10, 2023 Price Decreased $499,999
↓ $15K (2.9%)
Price Decreased
Apr 1, 2023 Relisted $515,000
Relisted
Mar 25, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 884
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,611
  • Total Building Area: 1,786
  • Gross Building Area: 2,712
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000565
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-17 B:0000 L:0015
  • Lot: 15
  • Municipality: FALL RIVER
  • Latitude: 41.7097
  • Longitude: -71.1262

    Address

  • Full Address: 1076 New Boston Rd
  • Address - House Number: 1076
  • Address - Street Name: New Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C040
  • 4-Digit Zip Code: 7516
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 471,347
  • High Value: 556,643
  • Low Value: 386,051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,200
  • Assessed Land Value: $119,500
  • Assessed Improvements Value: $241,700

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7020
  • Previous Sale Recording Date: Oct 29, 2001
  • Previous Sale Amount: $174,900
  • Previous Sale Document Type: 27
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

70

Average Home Size

2674 ft²

Average Home Age

86.3 years

Currently For Sale

214 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73084647

Frequently Asked Questions

When was property at 1076 New Boston Road built and last sold?
The property at 1076 New Boston Road was built in 2001 and last sold on May 19, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 1076 New Boston Road is $504,857.
What are some comparable homes to 1076 New Boston Road?
There are currently no comparable homes to 1076 New Boston Road.
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