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Fall River 02724
227 Walter St
$245,000
● House - Off Market

227 Walter St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$318,889
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

This home is located in a fabulous neighborhood surrounded by single family homes and distant water views. It offers a unique floor plan with multi-level living. It has a new roof and most of the windows have been replaced. There is a roof covered patio right off the kitchen with a nice yard to enjoy the summer days. The one car garage was converted to a workshop, but it could be put back to a garage, or it could be used as an office, playroom, den, studio, whatever fits your needs. The oil heat has been converted to gas. With some paint and flooring this could be a wonderful home to enjoy for years to come. It's ready to be loved again, and maybe you're the one!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$181
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #72676942)

Price History

Date / Event Date Event Price
Oct 1, 2020 Sold
Premium
Sold
Jun 19, 2020 Listed by Beautiful Day Real Estate $235,900
Listed by Beautiful Day Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 408
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,300
  • Gross Building Area: 2,164
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640300

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0B-06 B:0000 L:0068
  • Lot: 68
  • Municipality: FALL RIVER
  • Latitude: 41.6804
  • Longitude: -71.1814

    Address

  • Full Address: 227 Walter St
  • Address - House Number: 227
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C090
  • 4-Digit Zip Code: 1960
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,000

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 367,219
  • High Value: 441,632
  • Low Value: 292,807

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,400
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17937
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

2674 ft²

Average Home Age

86.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72676942

Frequently Asked Questions

When was property at 227 Walter Street built and last sold?
The property at 227 Walter Street was built in 1957 and last sold on Sep 30, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 227 Walter Street is $245,613.
What are some comparable homes to 227 Walter Street?
There are currently no comparable homes to 227 Walter Street.
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