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Fall River 02723
137 Ratcliffe Street
$460,000
● House - Off Market

137 Ratcliffe Street

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,507 Ft²
$463,309
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Fall in love with a unique conventional home with a bonus. Enjoy 3 bedrooms, 2.5 baths, master suite with walk in closet. Spacious living room, kitchen filled with cherry cabinets & quartz counter tops, lots of storage/cedar closets, recessed lighting, big windows for beautiful sunlight. A finished basement that connects to a home office and/or family room French doors to exterior, 3.5 zones of heating, central a/c, water filtration. Extra large shed, private fenced in yard, perfect deck with retractable awning & TV mount, 6 car driveway. Many additional amenities. Strongly encourage you to a private showing to appreciate the home. ALL OFFERS DUE 1/12/2022 BY 3:00
Unit Size
1,507 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$292
Property Type
House
Property Taxes
$295
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: 4 months ago (MLSPIN #72931486)

Price History

Date / Event Date Event Price
Mar 1, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by Pelletier Realty, Inc. $440,000
Listed by Pelletier Realty, Inc.
Sep 30, 2005 Sold
Premium
Sold
Sep 8, 2005 Listed by Pelletier Realty, Inc. $314,900
Listed by Pelletier Realty, Inc.
Jul 9, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 9
  • Basement Area: 779
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,488
  • Total Building Area: 2,288
  • Gross Building Area: 2,652
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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:0L-16 B:0000 L:0011
  • Lot: 11
  • Municipality: FALL RIVER
  • Latitude: 41.704
  • Longitude: -71.1303

    Address

  • Full Address: 137 Ratcliffe St
  • Address - House Number: 137
  • Address - Street Name: Ratcliffe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C008
  • 4-Digit Zip Code: 2740
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,800

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 520,150
  • High Value: 614,911
  • Low Value: 425,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,900
  • Assessed Land Value: $105,400
  • Assessed Improvements Value: $334,500

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3888
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Amount: $285,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72931486

Frequently Asked Questions

When was property at 137 Ratcliffe Street built and last sold?
The property at 137 Ratcliffe Street was built in 1900 and last sold on Feb 28, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 137 Ratcliffe Street is $439,176.
What are some comparable homes to 137 Ratcliffe Street?
There are currently no comparable homes to 137 Ratcliffe Street.
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