For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Fall River 02724
187 Walter Street
$265,000
● House - Off Market

187 Walter Street

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,541 Ft²
$267,506
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Here is the opportunity you've been waiting for!  This Cape is a "diamond in the rough" and just waiting for some updating and love. It has everything you look for in a smart investment and is the complete package with it's features, location and price. It offers 3+ Bedrooms, 2 full baths, 1,541sf, an attached garage, large yard, and a desirable established family neighborhood with easy highway access.  Add central air, wood flooring, replacement windows, circuit breakers, inlaw set up on 2nd floor and a newer furnace and water heater, and your search is over. Sold "As is"  Don't miss out!
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$156
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1950

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72898994)

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Lion Gate Real Estate, Inc. $239,900
Listed by Lion Gate Real Estate, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 836
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,930
  • Total Building Area: 1,541
  • Gross Building Area: 2,853
  • Building Area: 1,541
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,541
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640300

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0B-06 B:0000 L:0065
  • Lot: 65
  • Municipality: FALL RIVER
  • Latitude: 41.6805
  • Longitude: -71.1821

    Address

  • Full Address: 187 Walter St
  • Address - House Number: 187
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C090
  • 4-Digit Zip Code: 1947
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,800

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 392,478
  • High Value: 458,050
  • Low Value: 326,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,900
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $191,300

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26178
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

2652 ft²

Average Home Age

86.8 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72898994

Frequently Asked Questions

When was property at 187 Walter Street built and last sold?
The property at 187 Walter Street was built in 1950 and last sold on Nov 10, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 187 Walter Street is $0.
What are some comparable homes to 187 Walter Street?
There are currently no comparable homes to 187 Walter Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Fall River Homes for Sale
Fall River Houses for Sale
Fall River Condos for Sale
Fall River Townhouses for Sale
Fall River Multifamily for Sale
Fall River Land for Sale
Fall River Commercial for Sale
Fall River Homes with Basements
Nearby Cities
New Bedford Homes for Sale
Taunton Homes for Sale
Attleboro Homes for Sale
Pawtucket Homes for Sale
Somerset Homes for Sale
East Providence Homes for Sale
Newport Homes for Sale
Middleborough Center Homes for Sale
Nearby Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Newport County, RI Property Records
Providence County, RI Property Records
Plymouth County, MA Property Records
Dukes County, MA Property Records
Kent County, RI Property Records
Norfolk County, MA Property Records
Neighborhoods
Wayland Real Estate
Nearby Counties
New Bedford Homes for Sale
Taunton Homes for Sale
Attleboro Homes for Sale
Middleborough Homes for Sale
Dartmouth Homes for Sale
Pawtucket Homes for Sale
Raynham Homes for Sale
Somerset Homes for Sale
Top Real Estate Agents
Top Agents in Fall River
Top Agents in New Bedford
Top Agents in New Bedford
Top Agents in Taunton
Top Agents in Taunton
Top Agents in 02780
Top Agents in Attleboro
Top Agents in Attleboro