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Fall River 02724
231 Foote
$300,000
● House - Off Market

231 Foote

Fall River, MA 02724
bedrooms
2 Beds
bathrooms
1 Bath
square feet
994 Ft²
$285,378
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Introducing 231 Foote st Fall River. This charming 50's cape offer a stunning new kitchen and appliances, high efficiency water heater, updated 200 watt electrical service and so much more. Enjoy the peaking water views in the fenced in backyard. First showing will be at the open house Saturday April 22nd and Sunday April 23rd 11-12.
Unit Size
994 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$287
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1952

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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 #73099561)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 17, 2023 Listed by Lion Gate Real Estate, Inc. $284,900
Listed by Lion Gate Real Estate, Inc.
Apr 4, 1989 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,031
  • Total Building Area: 994
  • Gross Building Area: 2,316
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 994
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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:0062
  • Lot: 62
  • Municipality: FALL RIVER
  • Latitude: 41.6864
  • Longitude: -71.1805

    Address

  • Full Address: 231 Foote St
  • Address - House Number: 231
  • Address - Street Name: Foote
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C085
  • 4-Digit Zip Code: 1907
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 320,995
  • High Value: 386,684
  • Low Value: 255,306

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,300
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $149,300

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54545
  • Previous Sale Recording Date: Apr 04, 1989
  • Previous Sale Amount: $83,000
  • 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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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: 4 months ago
Data Source: MLS PIN, MLS# 73099561

Frequently Asked Questions

When was property at 231 Foote Street built and last sold?
The property at 231 Foote Street was built in 1952 and last sold on Jun 9, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 231 Foote Street is $288,969.
What are some comparable homes to 231 Foote Street?
There are currently no comparable homes to 231 Foote Street.
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