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Fall River 02723
121 Eastern Ave
$214,900
● House - Off Market

121 Eastern Ave

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$1,203
Est. Monthly

About This Property

Move in Ready is this 3 Bedroom, 2 Bath Oversized Cottage in an excellent location. Each room has hardwood floors, large bedrooms, modern bathrooms and plenty of storage space. Home is equipped with an alarm system, new roof, vinyl fenced front yard, washer/dryer connection, attached shed, walk-up attic, wall air conditioners in each room, very well insulated and low winter fuel bills. Home is within walking distance to park/public pool and many schools. Owners are looking for offers.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$138
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1930

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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: 10 months ago (MLSPIN #71145415)

Price History

Date / Event Date Event Price
Nov 9, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by CENTURY 21 Associates Realty $309,900
Listed by CENTURY 21 Associates Realty
Oct 1, 2010 Listed by CENTURY 21 Associates Realty $214,900
Listed by CENTURY 21 Associates Realty
Jun 4, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 780
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,488
  • Gross Building Area: 3,290
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0L-06 B:0000 L:0056
  • Lot: 56
  • Municipality: FALL RIVER
  • Latitude: 41.6957
  • Longitude: -71.1312

    Address

  • Full Address: 121 Eastern Ave
  • Address - House Number: 121
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C007
  • 4-Digit Zip Code: 2511
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,800

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 366,467
  • High Value: 441,174
  • Low Value: 291,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,500
  • Assessed Land Value: $86,200
  • Assessed Improvements Value: $188,300

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25997
  • Previous Sale Recording Date: Jun 04, 2004
  • Previous Sale Amount: $200,000
  • 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: 10 months ago
Data Source: MLS PIN, MLS# 71145415

Frequently Asked Questions

When was property at 121 Eastern Avenue built and last sold?
The property at 121 Eastern Avenue was built in 1930 and last sold on Nov 9, 2021 for $315,500.
How much is this home worth?
The estimated value of the home located at 121 Eastern Avenue is $0.
What are some comparable homes to 121 Eastern Avenue?
There are currently no comparable homes to 121 Eastern Avenue.
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