$515,000
●
Multifamily -
Off Market
149 Smith St
Fall River, MA 02721
4 Beds
3 Baths
2,430 Ft²
$2,667
Est. Monthly
About This Property
Welcome to this nicely updated 2 family home with maintenance free
exterior, newer roof, on a lovely fenced in lot with a beautiful
outdoor patio/firepit area with plenty of room for outdoor
enjoyment. This property comes with an oversized shed equip with
electric. Both units have central AC, and separate utilities. The
first-floor unit offers 2 bedrooms, den/office, full bath, and
direct access to a finished basement with another full bath, two
generous sized rooms with tons of closets, and a sperate entrance
offering lots of multiuse possibilities. The second-floor unit has
2 bedrooms, den/office, full bath, and the unit has access to a
roomy attic area for storage. This property is conveniently located
near area amenities, and just minutes away from major highways.
Subject to seller finding suitable housing.
Unit Size
2,430 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$195
Property Type
Multifamily
Property Taxes
$335
HOA Dues
-
Year Built
1900
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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 #73215943)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Paved Drive
Interior Details
Full Bathrooms: 3
Interior Features: Living Room, Kitchen, Laundry Room, Office/Den
Flooring Type: Tile, Carpet
Laundry Features: Washer Hookup
Rooms: 12
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
Exterior Details
Square Footage: 2430
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 2430
Levels: 2
Other Structures: Shed(s)
Building Area Units: Square Feet
Patio and Porch Features: Deck, Patio, Covered
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4957
Water Source: Public
Financial Details
Tax Assessed Value: $327,100
Tax Annual Amount: $4,014
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2024
| |
4 Bed
|
3 Bath
|
2430 ft²
|
$475,000
4 Bed
3 Bath
2430 ft²
|
$515,000
+8.42%
06/28/2024
|
Odette Beaulieu
Right Choice Real Estate
|
|
02/27/2008
| |
6 Bed
|
3 Bath
|
2500 ft²
|
$279,900
6 Bed
3 Bath
2500 ft²
|
$275,950
-1.41%
05/29/2008
|
Alda Moniz
|
|
02/09/2007
| |
6 Bed
|
3 Bath
|
1754 ft²
|
$279,500
6 Bed
3 Bath
1754 ft²
|
$265,000
-5.19%
04/06/2007
|
Robert V Boutin
|
|
10/16/2001
| |
5 Bed
|
-
|
1766 ft²
|
$147,000
5 Bed
-
1766 ft²
|
$142,000
-3.40%
06/07/2002
|
Robert Boutin
Boutin Realty
|
Building Info
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