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Fall River 02720
137 Ridgecrest Rd
$510,000
● House - Off Market

137 Ridgecrest Rd

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$547,870
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Location Location! This Mediterranean Style Raised Ranch features pride of ownership at every turn with meticulous spacious rooms, open floor plan, gorgeous kitchen and living room with a balcony. This impeccable home also has hardwood floors, large bathrooms with Jacuzzi tub and more. The lower level has a great recreation room bathroom and exit to garage where you'll find a home office. This property is a stunner with gorgeous landscaping , patio with fire pit and above ground pool. Great location close to schools and highway .
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$263
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1994

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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 #72998181)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by Right Choice Real Estate $529,900
Listed by Right Choice Real Estate
Mar 28, 2011 Sold
Premium
Sold
Feb 22, 2011 Listed by Right Choice Real Estate $315,000
Listed by Right Choice Real Estate
Nov 19, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 2,016
  • Gross Building Area: 3,426
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAKONNET DEV GROUP
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-18 B:0000 L:0049
  • Lot: 49
  • Municipality: FALL RIVER
  • Latitude: 41.7219
  • Longitude: -71.1233

    Address

  • Full Address: 137 Ridgecrest Rd
  • Address - House Number: 137
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C050
  • 4-Digit Zip Code: 7328
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 478,805
  • High Value: 558,801
  • Low Value: 398,809

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,100
  • Assessed Land Value: $104,200
  • Assessed Improvements Value: $258,900

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15616
  • Previous Sale Recording Date: Mar 28, 2011
  • Previous Sale Amount: $283,000
  • 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

2652 ft²

Average Home Age

86.8 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# 72998181

Frequently Asked Questions

When was property at 137 Ridgecrest Road built and last sold?
The property at 137 Ridgecrest Road was built in 1994 and last sold on Aug 31, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 137 Ridgecrest Road is $525,851.
What are some comparable homes to 137 Ridgecrest Road?
There are currently no comparable homes to 137 Ridgecrest Road.
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