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Fall River 02721
168 Spencer
$334,000
● House - Off Market

168 Spencer

Fall River, MA 02721
bedrooms
4 Beds
bathrooms
1 Bath
square feet
967 Ft²
$1,698
Est. Monthly

About This Property

Welcome home to 168 Spencer Street! Cute as a button 4 bedroom home located within a desirable Fall River neighborhood. This fabulously refreshed home features refinished hardwood floors and fresh paint throughout, open concept dining and living room area, comfortable galley kitchen, one bedroom on the first floor, and three comfortable sized bedrooms on the second level. The open layout of the first level is perfect for hosting the holidays allowing everyone to socialize and enjoy their time together.  Off the back of the home you will find a generous sized fenced in backyard perfect for entertaining as well. Plenty of onsite parking. Solar panels on property create a low energy bill, making this home even more extraordinary! Buyer to assume solar contract from seller. Come take a look!
Unit Size
967 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$310
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73179707)

Price History

Date / Event Date Event Price
Jan 17, 2024 Sold
Premium
Sold
Nov 22, 2023 In contract -
In contract
Nov 11, 2023 Listed by Harborside Realty $299,900
Listed by Harborside Realty
Oct 11, 2023 Sold
Premium
Sold
May 23, 2023 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,601
  • Total Building Area: 967
  • Gross Building Area: 1,932
  • Building Area: 967
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 967
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0D-05 B:0000 L:0092
  • Lot: 92
  • Municipality: FALL RIVER
  • Latitude: 41.6685
  • Longitude: -71.151

    Address

  • Full Address: 168 Spencer St
  • Address - House Number: 168
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 3226
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 299,531
  • High Value: 326,023
  • Low Value: 273,039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,200
  • Assessed Land Value: $120,500
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 632
  • Previous Sale Recording Date: Oct 11, 2023
  • Previous Sale Contract Date: Oct 06, 2023
  • Previous Sale Amount: $158,650
  • Previous Sale Document Type: 21
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

71

Average Home Size

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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: 4 months ago
Data Source: MLS PIN, MLS# 73179707

Frequently Asked Questions

When was property at 168 Spencer Street built and last sold?
The property at 168 Spencer Street was built in 1940 and last sold on Jan 16, 2024 for $334,000.
How much is this home worth?
The estimated value of the home located at 168 Spencer Street is $299,934.
What are some comparable homes to 168 Spencer Street?
There are currently no comparable homes to 168 Spencer Street.
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