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Fall River 02720
221 Corbett St
$405,000
● House - Off Market

221 Corbett St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,304 Ft²
$525,404
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

This exceptionally wellmaintained home features four bedrooms and two full baths. There is an elegant living room with cathedral ceiling with a dining area incorporated lending to a somewhat open floor plan on the first floor. The second floor has three bedrooms and a full bath  Hardwood floors are featured.   A new forced warm air heating system was added in 2018( and could have central air added). A spacious kitchen with center island and a laundry room/ mud room adjoin one another  for easy living was you enter from the side door off the driveway    The location affords privacy yet easy access to Route 24 for commuters.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$174
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1987

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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: 5 years ago (MLSPIN #72720786)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Sep 4, 2020 Listed by White House Realty $399,900
Listed by White House Realty
Nov 6, 1980 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,408
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,318
  • Total Building Area: 2,304
  • Gross Building Area: 4,020
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0U-11 B:0000 L:0104
  • Lot: 104
  • Municipality: FALL RIVER
  • Latitude: 41.7309
  • Longitude: -71.1265

    Address

  • Full Address: 221 Corbett St
  • Address - House Number: 221
  • Address - Street Name: Corbett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C046
  • 4-Digit Zip Code: 6626
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,000

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 519,678
  • High Value: 613,719
  • Low Value: 425,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,000
  • Assessed Land Value: $117,200
  • Assessed Improvements Value: $283,800

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24375
  • Previous Sale Recording Date: Nov 06, 1980
  • Previous Sale Amount: $1,600
  • 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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2597 ft²

Average Home Age

84.7 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72720786

Frequently Asked Questions

When was property at 221 Corbett Street built and last sold?
The property at 221 Corbett Street was built in 1987 and last sold on Nov 13, 2020 for $405,000.
How much is this home worth?
The estimated value of the home located at 221 Corbett Street is $0.
What are some comparable homes to 221 Corbett Street?
There are currently no comparable homes to 221 Corbett Street.
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