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Fall River 02721
141 Detroit St
$102,000
● House - Off Market

141 Detroit St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,266 Ft²
$168,655
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Pre Approval or proof of funds required with offers. P&S and UNCHANGED addendums must be returned within 48 hours or home will be returned to active status. Seller may take 5 to 7 business days to respond to all offers. Buyer deposits MUST BE bank check or money order. Sold AS IS. NO REPAIRS! PLEASE USE ATTACHED OFFER REQUIREMENTS FORM WITH OFFER OR IT WILL NOT BE SUBMITTED! Property is eligible under the Freddie Mac First Look Initiative through 04/20/2016
Unit Size
1,266 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$79
Property Type
House
Property Taxes
$179
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: 6 months ago (MLSPIN #71981526)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 17, 2021 Listed by Century 21 Signature Properties $275,000
Listed by Century 21 Signature Properties
Sep 21, 2016 Sold
Premium
Sold
Apr 1, 2016 Listed by Century 21 Signature Properties $99,900
Listed by Century 21 Signature Properties
Jan 6, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 466
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,266
  • Gross Building Area: 1,735
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,266
  • 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: 640700

Zoning

  • Zoning: B-L

Geography

  • Parcel: FALL M:0E-21 B:0000 L:0046
  • Lot: 46
  • Municipality: FALL RIVER
  • Latitude: 41.6785
  • Longitude: -71.1476

    Address

  • Full Address: 141 Detroit St
  • Address - House Number: 141
  • Address - Street Name: Detroit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C052
  • 4-Digit Zip Code: 4902
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 346,924
  • High Value: 417,298
  • Low Value: 276,551

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,400
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $138,700

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29035
  • Previous Sale Recording Date: Sep 21, 2016
  • Previous Sale Amount: $102,000
  • 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:

$514,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2659 ft²

Average Home Age

84.8 years

Currently For Sale

203 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# 71981526

Frequently Asked Questions

When was property at 141 Detroit Street built and last sold?
The property at 141 Detroit Street was built in 1930 and last sold on Dec 15, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 141 Detroit Street is $273,297.
What are some comparable homes to 141 Detroit Street?
There are currently no comparable homes to 141 Detroit Street.
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