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Fall River 02723
196 Eastern Ave
$150,000
● House - Off Market

196 Eastern Ave

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$240,525
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Nice starter home with many updates such as newer roof, new electric, gas boiler with hot water tank and replacement windows. With a little tlc you got a great home for a great price...3 bedrooms on the 2nd level, double parlor, dining & kitchen on the 1st level. Fenced in yard
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$134
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1930

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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 #72358578)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Nov 2, 2021 Listed by Ponte & Associates Real Estate $280,000
Listed by Ponte & Associates Real Estate
Sep 17, 2018 Sold
Premium
Sold
Jul 9, 2018 Listed by Ponte & Associates Real Estate $159,000
Listed by Ponte & Associates Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 788
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,092
  • Total Building Area: 1,188
  • Gross Building Area: 2,340
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641600

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0K-16 B:0000 L:0098
  • Lot: 98
  • Municipality: FALL RIVER
  • Latitude: 41.6947
  • Longitude: -71.1305

    Address

  • Full Address: 196 Eastern Ave
  • Address - House Number: 196
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C007
  • 4-Digit Zip Code: 2415
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,900

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 335,669
  • High Value: 404,098
  • Low Value: 267,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,600
  • Assessed Land Value: $85,500
  • Assessed Improvements Value: $158,100

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29573
  • Previous Sale Recording Date: Sep 17, 2018
  • Previous Sale Amount: $150,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72358578

Frequently Asked Questions

When was property at 196 Eastern Avenue built and last sold?
The property at 196 Eastern Avenue was built in 1930 and last sold on Dec 20, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 196 Eastern Avenue is $283,079.
What are some comparable homes to 196 Eastern Avenue?
There are currently no comparable homes to 196 Eastern Avenue.
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