$480,000
●
Multifamily -
Off Market
227 Warren St
Fall River, MA 02721
7 Beds
3 Baths
3,161 Ft²
$526,383
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Great Investment Property. Spacious three family family home with
two/three bedroom units with off street parking for two vehicles.
Easy maintenance exterior as the house is vinyl sided. Each
apartment has separate utility paid by the tenant. Many updates.
Don't miss out this opportunity to own an investment property
before the train arrived in Fall River. House if fully occupied.
First and Third floor tenant at will. Second Floor has a lease.
Rents are below market.Showings by appointment only please contact
listing agent by call or text.
Unit Size
3,161 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$158
Property Type
Multifamily
Property Taxes
$304
HOA Dues
-
Year Built
1900
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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 #72890519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Sep 7, 2021 | Listed by RE/MAX Synergy | $499,900 | |
| Listed by RE/MAX Synergy | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Shared Driveway, Off Street
Interior Details
Full Bathrooms: 5
Interior Features: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 3(Pantry), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator - ENERGY STAR), Gas Water Heater
Flooring Type: Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Hardwood Floors)
Laundry Features: Unit 1(Washer Hookup, Dryer Hookup)
Rooms: 16
Basement: Full, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: R-4
Parcel Number: M:0F18 B:0000 L:0090, 2824912
Water Source: Public
Financial Details
Tax Assessed Value: $263,700
Tax Annual Amount: $3,647
Utilities Details
Heating Type: Unit 1(Gas), Unit 2(Space Heater), Unit 3(Space Heater)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2021
| |
6 Bed
|
3 Bath
|
3161 ft²
|
$499,900
6 Bed
3 Bath
3161 ft²
|
$480,000
-3.98%
02/25/2022
|
Christine Rodrigues
Amaral & Associates RE
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017