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Fall River 02721
215 Mcmahon St
$467,000
● House - Off Market

215 Mcmahon St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,747 Ft²
$516,992
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This spacious Raised Ranch is close to the Tiverton line and conveniently located minutes to Rte 24. Hardwood floors are throughout the 1st floor with the kitchen having tiled floor and granite counters. Home offers central air and natural gas heat & cooking. The finished lower level has another full bathroom, an office and two bonus rooms. The fenced in yard has a sprinkler system and lovely koi pond.
Unit Size
1,747 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$280
Property Type
House
Property Taxes
$308
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 #73007529)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Sep 30, 2022 In contract -
In contract
Jul 6, 2022 Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate $489,900
Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate
Aug 6, 2004 Sold
Premium
Sold
Mar 11, 2004 Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate $249,900
Listed by Berkshire Hathaway Home Services - Mel Antonio Real Estate

Property Highlights

Garage
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: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 854
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,746
  • Total Building Area: 1,747
  • Gross Building Area: 2,806
  • Building Area: 1,747
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,747
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POCASSETT CEDAR
  • Land Acres: 0000000132
  • 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:0030
  • Lot: 30
  • Municipality: FALL RIVER
  • Latitude: 41.6689
  • Longitude: -71.1646

    Address

  • Full Address: 215 Mcmahon St
  • Address - House Number: 215
  • 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: $421,800

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 456,059
  • High Value: 545,548
  • Low Value: 366,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,800
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $241,300

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19589
  • Previous Sale Recording Date: Aug 06, 2004
  • Previous Sale Amount: $249,900
  • 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

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# 73007529

Frequently Asked Questions

When was property at 215 McMahon Street built and last sold?
The property at 215 McMahon Street was built in 2005 and last sold on Nov 10, 2022 for $467,000.
How much is this home worth?
The estimated value of the home located at 215 McMahon Street is $487,493.
What are some comparable homes to 215 McMahon Street?
There are currently no comparable homes to 215 McMahon Street.
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