$448,000
●
Multifamily -
Off Market
232 Lowell St
Fall River, MA 02721
8 Beds
3 Baths
3,810 Ft²
$544,800
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Perfect for investment or owner occupied. Large Three Family Home
in the heart of Fall River. Unit one features a freshly painted 2
bedroom/1bathroom, double parlor with a Eat-in Kitchen and hardwood
floors throughout. Unit two and three offer 1270 sqft each level of
living space with 3 bedrooms/1 bathroom and hardwoods through out.
Off street parking up to 4-6 vehicles. Basement has separate
laundry hook-ups. All utilities have been separated and electric
updated. Many updates in the last year include replacement
windows, new front porch, new basement entryway with vinyl siding,
new GFCI outlets added in kitchen/bathroom on all three floors,
including a roof that was replaced two years ago. ***MOVE IN
READY***
Unit Size
3,810 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$118
Property Type
Multifamily
Property Taxes
$298
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 #72784988)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Living Room, Dining Room
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Leased Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood, Tile Floor, Hardwood Floors
Rooms: 20
Basement: Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: Unknown
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: A-3
Parcel Number: M:0I17 B:0000 L:0042, 2828509
Water Source: Public
Financial Details
Tax Assessed Value: $247,300
Tax Annual Amount: $3,573
Utilities Details
Utilities: for Gas Range
Heating Type: Hot Water
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, Private School, 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 |
|---|---|---|---|---|---|---|---|
|
02/11/2021
| |
8 Bed
|
3 Bath
|
3810 ft²
|
$448,000
8 Bed
3 Bath
3810 ft²
|
$448,000
04/16/2021
|
Mington Tea
UW Realty Company
|
|
04/30/2020
| |
8 Bed
|
3 Bath
|
3810 ft²
|
$349,900
8 Bed
3 Bath
3810 ft²
|
$343,000
-1.97%
07/24/2020
|
Mington Tea
UW Realty Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017