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Fall River 02721
179 Mcmahon St
$500,000
● House - Off Market

179 Mcmahon St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,128 Ft²
$2,800
Est. Monthly

About This Property

Conveniently located within minutes to Rte. 24 is this spacious 2100+ sq. ft. 3 bedroom/2 bath Colonial with flexible open floor plan & large rooms for entertaining. Welcoming cathedral foyer which easily flows into the spacious front to back living room with slider to the deck overlooking the backyard. Large kitchen with stainless appliances & plenty of custom cabinetry for extra storage which opens to the dining room. 1st floor full bath with laundry. Wood & tile floors throughout  most of the home. Primary bedroom with walk-in closet & private access to the shared hall bath with 2 additional bedrooms. Gas heat, central air, town water/sewer & easy care vinyl siding. Buyers/Buyers agent to verify all information contained herein.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$233
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2005

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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 #73197476)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Apr 23, 2024 In contract -
In contract
Jan 29, 2024 Listed by Keller Williams Realty $495,000
Listed by Keller Williams Realty
May 31, 2016 Sold
Premium
Sold
Apr 8, 2016 Listed by Keller Williams Realty $264,900
Listed by Keller Williams Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,128
  • Gross Building Area: 3,476
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0C-18 B:0000 L:0037
  • Lot: 37
  • Municipality: FALL RIVER
  • Latitude: 41.6699
  • Longitude: -71.1652

    Address

  • Full Address: 179 Mcmahon St
  • Address - House Number: 179
  • Address - Street Name: Mcmahon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 2378
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 518,556
  • High Value: 564,801
  • Low Value: 472,311

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,900
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $273,500

    Sales

  • Current Sale Recording Date: May 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9016
  • Previous Sale Recording Date: Sep 10, 2004
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27
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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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# 73197476

Frequently Asked Questions

When was property at 179 McMahon Street built and last sold?
The property at 179 McMahon Street was built in 2005 and last sold on Jan 1, 1970 for $245,000.
How much is this home worth?
The estimated value of the home located at 179 McMahon Street is $486,269.
What are some comparable homes to 179 McMahon Street?
There are currently no comparable homes to 179 McMahon Street.
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