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Fall River 02721
151 Detroit St
$65,000
● House - Off Market

151 Detroit St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,001 Ft²
$139,020
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

SELLER SAYS LIQUIDATE! - First $70K in the door gets it! - MAPLEWOOD AREA – NEW Heating System – NEW Central Air – Vinyl Siding – Replacement Windows – 3-Beds – 2-Full Baths – BIG Fenced Yard – Nice Neighborhood - Needs minor interior updating - As is. As Seen. CASH only. NOT a foreclosure, short or estate sale.
Unit Size
1,001 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$70
Property Type
House
Property Taxes
$143
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: 5 months ago (MLSPIN #71522568)

Price History

Date / Event Date Event Price
Sep 16, 2013 Sold
Premium
Sold
May 31, 2013 Sold
Premium
Sold
May 9, 2013 Listed by Coldwell Banker Guimond Realty Group $70,000
Listed by Coldwell Banker Guimond Realty Group

Property Highlights

Air Conditioning

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: 551
  • 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: 800
  • Gross Building Area: 1,626
  • Building Area: 800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 800
  • Heating Fuel Type: 6

    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:0047
  • Lot: 47
  • Municipality: FALL RIVER
  • Latitude: 41.6785
  • Longitude: -71.1474

    Address

  • Full Address: 151 Detroit St
  • Address - House Number: 151
  • 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: $272,300

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 286,024
  • High Value: 344,044
  • Low Value: 228,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,900
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $119,200

    Sales

  • Current Sale Recording Date: Sep 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 31, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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:

$499,950

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2611 ft²

Average Home Age

86.2 years

Currently For Sale

205 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: 5 months ago
Data Source: MLS PIN, MLS# 71522568

Frequently Asked Questions

When was property at 151 Detroit Street built and last sold?
The property at 151 Detroit Street was built in 1930 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 151 Detroit Street is $80,498.
What are some comparable homes to 151 Detroit Street?
There are currently no comparable homes to 151 Detroit Street.
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