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Fall River 02724
197 Bush St
$450,000
● House - Off Market

197 Bush St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,726 Ft²
$430,723
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

This is the one you have been searching for! Immaculate 3 Bed 2 Bath raised ranch meticulously cared for by the original owners over the years. The main level includes gleaming hardwood floors, stone faced wood burning fireplace, large open kitchen with plenty of storage, 3 bedrooms and full bath. The lower level boasts a large open living room with bar area, full bath, spacious laundry room and front mudroom. Many new updates inside and out including a new roof, new windows, navient heating system, freshly painted interior, new driveway with pavers, outdoor patio, inground sprinkler system and large shed with drive in and out ramp access.
Unit Size
1,726 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$246
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1989

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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 #72949191)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Mar 4, 2022 Listed by Milestone Realty, Inc. $424,900
Listed by Milestone Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 3
  • Basement Area: 990
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,924
  • Gross Building Area: 2,544
  • Building Area: 1,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,924
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640202

Zoning

  • Zoning: A-3

Geography

  • Parcel: FALL M:0E-01 B:0000 L:0024
  • Lot: 24
  • Municipality: FALL RIVER
  • Latitude: 41.6841
  • Longitude: -71.165

    Address

  • Full Address: 197 Bush St
  • Address - House Number: 197
  • Address - Street Name: Bush
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C081
  • 4-Digit Zip Code: 3642
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,000

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 504,199
  • High Value: 586,799
  • Low Value: 421,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,200
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $288,000

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7171
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

2597 ft²

Average Home Age

86.2 years

Currently For Sale

207 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# 72949191

Frequently Asked Questions

When was property at 197 Bush Street built and last sold?
The property at 197 Bush Street was built in 1989 and last sold on Apr 15, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 197 Bush Street is $434,144.
What are some comparable homes to 197 Bush Street?
There are currently no comparable homes to 197 Bush Street.
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