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Fall River 02720
165 Martha St
$311,000
● House - Off Market

165 Martha St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,744 Ft²
$486,300
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

REDUCED!  This Beautiful Highlands Home has gone thru many updates including the kitchen, bathrooms, heating and electric. The cedar shingles and the elegance of the yard give this home a New England feel!  The Master Bedroom is huge and the additional 2 bedrooms all have hardwood flooring.  There is some newer plumbing and an Energy Star Slant Fin BobCat furnace.  The 2 stall garage will keep your vehicles clear of snow in the winter. This home also has a formal dining room and a 1/2 bath on the first floor.
Unit Size
1,744 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$183
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1940

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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 #72375774)

Price History

Date / Event Date Event Price
Jan 4, 2019 Sold
Premium
Sold
Aug 8, 2018 Listed by RE/MAX Right Choice $320,000
Listed by RE/MAX Right Choice
May 29, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 980
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,747
  • Total Building Area: 1,744
  • Gross Building Area: 2,975
  • Building Area: 1,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642200

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0T-08 B:0000 L:0028
  • Lot: 28
  • Municipality: FALL RIVER
  • Latitude: 41.727
  • Longitude: -71.1365

    Address

  • Full Address: 165 Martha St
  • Address - House Number: 165
  • Address - Street Name: Martha
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C023
  • 4-Digit Zip Code: 4215
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $498,000

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 500,335
  • High Value: 590,876
  • Low Value: 409,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,900
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $302,500

    Sales

  • Current Sale Contract Date: Jan 04, 2019
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95
  • Previous Sale Recording Date: May 29, 2009
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 27

    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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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# 72375774

Frequently Asked Questions

When was property at 165 Martha Street built and last sold?
The property at 165 Martha Street was built in 1940 and last sold on Jan 4, 2019 for $311,000.
How much is this home worth?
The estimated value of the home located at 165 Martha Street is $330,892.
What are some comparable homes to 165 Martha Street?
There are currently no comparable homes to 165 Martha Street.
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