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Fall River 02720
226 Albany St
$385,000
● House - Off Market

226 Albany St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,550 Ft²
$528,873
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Welcome home to the HIGHLANDS! Great home with plenty of space for a growing family. Renovations in 2004 include the second floor addition, new heating system, central air, hardwood floors, vinyl windows, carpeting, electric, roof. The main level has a large master bedroom, completely renovated full bath with a tiled shower, large living room, kitchen with a breakfast nook and stainless steel appliances and a dining room with a slider. The backyard includes an in ground swimming pool with a gas fired heater. The living space doesn't stop there, the basement has two finished rooms and a bathroom. Located near the highway system and schools. Come see this great home before it is gone! First showing will be this Sunday 8/30 from 1-3pm.
Unit Size
2,550 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$156
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1978

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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: 5 years ago (MLSPIN #72716132)

Price History

Date / Event Date Event Price
Dec 29, 2020 Sold
Premium
Sold
Nov 23, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by Dan Quintal Real Estate $399,000
Listed by Dan Quintal Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 9
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,798
  • Total Building Area: 2,914
  • Gross Building Area: 4,359
  • Building Area: 2,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642300

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-04 B:0000 L:0138
  • Lot: 138
  • Municipality: FALL RIVER
  • Latitude: 41.722
  • Longitude: -71.1346

    Address

  • Full Address: 226 Albany St
  • Address - House Number: 226
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 6302
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $454,500

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 470,503
  • High Value: 565,361
  • Low Value: 375,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,400
  • Assessed Land Value: $114,900
  • Assessed Improvements Value: $255,500

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24878
  • Previous Sale Recording Date: Nov 23, 2020
  • Previous Sale Contract Date: Nov 23, 2020
  • Previous Sale Amount: $385,000
  • 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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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# 72716132

Frequently Asked Questions

When was property at 226 Albany Street built and last sold?
The property at 226 Albany Street was built in 1978 and last sold on Dec 29, 2020 for $200,000.
How much is this home worth?
The estimated value of the home located at 226 Albany Street is $0.
What are some comparable homes to 226 Albany Street?
There are currently no comparable homes to 226 Albany Street.
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