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Fall River 02723
162 Ratcliffe St
$273,000
● House - Off Market

162 Ratcliffe St

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,892 Ft²
$515,572
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

New Construction, Eastern Ave. area, just under 2,000 sg.ft. of living area, beautiful eat in kitchen with granite counters and stainless steel appliances and a pantry. this home also offers 3 beds, 2 1/2 baths, and a bonus room, c/a, security, 2 stall garage and a large lot. Location is convenient to highway access and area ameneties.
Unit Size
1,892 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$146
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
2014

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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 #71699992)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by CENTURY 21 Associates Realty, LLC $449,000
Listed by CENTURY 21 Associates Realty, LLC
Dec 5, 2014 Sold
Premium
Sold
Jun 17, 2014 Listed by CENTURY 21 Associates Realty, LLC $275,900
Listed by CENTURY 21 Associates Realty, LLC
Nov 1, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 904
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,166
  • Total Building Area: 1,955
  • Gross Building Area: 3,523
  • Building Area: 1,955
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,955
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0L-16 B:0000 L:0018
  • Lot: 18
  • Municipality: FALL RIVER
  • Latitude: 41.7045
  • Longitude: -71.1309

    Address

  • Full Address: 162 Ratcliffe St
  • Address - House Number: 162
  • Address - Street Name: Ratcliffe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C008
  • 4-Digit Zip Code: 2725
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 531,643
  • High Value: 627,629
  • Low Value: 435,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,400
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $352,700

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27501
  • Previous Sale Recording Date: Dec 05, 2014
  • Previous Sale Amount: $273,000
  • 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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2674 ft²

Average Home Age

86.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71699992

Frequently Asked Questions

When was property at 162 Ratcliffe Street built and last sold?
The property at 162 Ratcliffe Street was built in 2014 and last sold on Nov 29, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 162 Ratcliffe Street is $448,996.
What are some comparable homes to 162 Ratcliffe Street?
There are currently no comparable homes to 162 Ratcliffe Street.
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