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Fall River 02724
222 Bowen St
$145,000
● House - Off Market

222 Bowen St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$309,816
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

This newly renovated  brick home with possible inlaw apartment in finished basement is priced to move!  It sits on a large fenced in lot with a good size shed & garage on it along with off street parking for two or more cars.  The kitchen has been remodeled with new cabinets and granite countertops.  All the floors have been refinished and interior walls of house have  been sheet rocked and painted.  The electrical, plumbing & heating system have been serviced/upgraded and are in working order.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$92
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1921

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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 #71447100)

Price History

Date / Event Date Event Price
May 10, 2013 Sold
Premium
Sold
Oct 13, 2012 Listed by Summit Realty Team, Inc. $156,000
Listed by Summit Realty Team, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • 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: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 665
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,145
  • Total Building Area: 1,309
  • Gross Building Area: 2,241
  • Building Area: 1,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,309
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640400

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0H-14 B:0000 L:0055
  • Lot: 55
  • Municipality: FALL RIVER
  • Latitude: 41.6866
  • Longitude: -71.181

    Address

  • Full Address: 222 Bowen St
  • Address - House Number: 222
  • Address - Street Name: Bowen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C085
  • 4-Digit Zip Code: 1206
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $302,800

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 340,806
  • High Value: 409,867
  • Low Value: 271,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,800
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $137,100

    Sales

  • Current Sale Recording Date: May 10, 2013
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71447100

Frequently Asked Questions

When was property at 222 Bowen Street built and last sold?
The property at 222 Bowen Street was built in 1921 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 222 Bowen Street is $172,537.
What are some comparable homes to 222 Bowen Street?
There are currently no comparable homes to 222 Bowen Street.
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