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Fall River 02723
111 Varley Street
$285,000
● House - Off Market

111 Varley Street

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,844 Ft²
$437,668
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Nicely appointed with the bells and whistles buyers want!  Open floor plan has hardwood floors, gas fireplace, surround sound, security surveillance system, farmer's porch, maintenance-free sun deck. First floor office, etc.  Master bath with jetted tub, double vanity sinks, heat lamps and privacy commode.  Lots of closets and storage.  Lower level features separate entrance, steam room, and so much more! State of the art boiler to forced hot air, central air.  Being sold in "as is condition".  Estate trustee has limited knowledge of property.  Buyer and buyer's agent responsible to do due diligence.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$157
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
2003

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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 #72425987)

Price History

Date / Event Date Event Price
Feb 22, 2019 Sold
Premium
Sold
Nov 19, 2018 Listed by Goodrow Realty Group $289,900
Listed by Goodrow Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,007
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,308
  • Total Building Area: 1,844
  • Gross Building Area: 3,348
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641300

Zoning

  • Zoning: M

Geography

  • Parcel: FALL M:0L-01 B:0000 L:0009
  • Lot: 9
  • Municipality: FALL RIVER
  • Latitude: 41.7008
  • Longitude: -71.1402

    Address

  • Full Address: 111 Varley St
  • Address - House Number: 111
  • Address - Street Name: Varley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C015
  • 4-Digit Zip Code: 1460
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 431,185
  • High Value: 534,511
  • Low Value: 327,859

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,500
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $249,000

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2674
  • Previous Sale Recording Date: Oct 05, 2018
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72425987

Frequently Asked Questions

When was property at 111 Varley Street built and last sold?
The property at 111 Varley Street was built in 2003 and last sold on Feb 21, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 111 Varley Street is $303,674.
What are some comparable homes to 111 Varley Street?
There are currently no comparable homes to 111 Varley Street.
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