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Fall River 02720
1120 New Boston Rd
$126,000
● House - Off Market

1120 New Boston Rd

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,030 Ft²
$253,365
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Exceptional value in excellent Fall River neighborhood.  This property is eligible under the Freddie Mac First Look Initiative through 8/29/2013.  Owner Occupant offers only considered during this time. Please use attached form to submit offers. Please prepare buyers for unchangeable addenda due back 48hrs from receipt.
Unit Size
2,030 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$64
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #71570227)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by Realty Executives of Cape Cod $399,000
Listed by Realty Executives of Cape Cod
Nov 27, 2013 Sold
Premium
Sold
Oct 25, 2013 Sold
Premium
Sold
Aug 15, 2013 Listed by Realty Executives of Cape Cod $129,900
Listed by Realty Executives of Cape Cod
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 9
  • Basement Area: 923
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 2,168
  • Gross Building Area: 3,010
  • Building Area: 2,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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:0019
  • Lot: 19
  • Municipality: FALL RIVER
  • Latitude: 41.7095
  • Longitude: -71.1251

    Address

  • Full Address: 1120 New Boston Rd
  • Address - House Number: 1120
  • Address - Street Name: New Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C040
  • 4-Digit Zip Code: 7520
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,600

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 443,729
  • High Value: 526,521
  • Low Value: 360,936

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,100
  • Assessed Land Value: $103,800
  • Assessed Improvements Value: $224,300

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19598
  • Previous Sale Recording Date: Nov 27, 2013
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: O
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:

$504,500

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2655 ft²

Average Home Age

84.7 years

Currently For Sale

201 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71570227

Frequently Asked Questions

When was property at 1120 New Boston Road built and last sold?
The property at 1120 New Boston Road was built in 1900 and last sold on Aug 26, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 1120 New Boston Road is $395,989.
What are some comparable homes to 1120 New Boston Road?
There are currently no comparable homes to 1120 New Boston Road.
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