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Fall River 02720
1577 Highland Avenue
$610,000
● House - Off Market

1577 Highland Avenue

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,465 Ft²
$624,023
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome home to this beautiful property located on historic Highland Avenue. This home features 4 spacious bedrooms, one and a half bathrooms. Ready for a new owner with recent renovations including new kitchen, bathrooms, refinished hardwood flooring, new roof, driveway, deck and fence. Mini-split ductless cooling system on lower level. Enjoy family gatherings with ample space for entertaining. Fenced in yard perfect for pets. Conveniently located within minutes to RT 24 for commuters. Buyers and buyers agent to verify all information. Information deemed reliable but not guaranteed.
Unit Size
2,465 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$243
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1923

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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 #72997591)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Jun 14, 2022 Listed by revolv Real Estate $600,000
Listed by revolv Real Estate
Dec 21, 2018 Sold
Premium
Sold
Mar 10, 2018 Listed by revolv Real Estate $299,900
Listed by revolv Real Estate
Dec 29, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 910
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,138
  • Total Building Area: 2,465
  • Gross Building Area: 4,344
  • Building Area: 2,465
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,465
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642300

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0T-12 B:0000 L:0003
  • Lot: 3
  • Municipality: FALL RIVER
  • Latitude: 41.7254
  • Longitude: -71.1364

    Address

  • Full Address: 1577 Highland Ave
  • Address - House Number: 1577
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C023
  • 4-Digit Zip Code: 4240
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,200

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 510,402
  • High Value: 595,677
  • Low Value: 425,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,900
  • Assessed Land Value: $149,900
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16529
  • Previous Sale Recording Date: Dec 21, 2018
  • Previous Sale Contract Date: Dec 21, 2018
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2597 ft²

Average Home Age

84.7 years

Currently For Sale

207 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72997591

Frequently Asked Questions

When was property at 1577 Highland Avenue built and last sold?
The property at 1577 Highland Avenue was built in 1923 and last sold on Sep 16, 2022 for $610,000.
How much is this home worth?
The estimated value of the home located at 1577 Highland Avenue is $593,403.
What are some comparable homes to 1577 Highland Avenue?
There are currently no comparable homes to 1577 Highland Avenue.
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