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Fall River 02721
245 Sterling St
$360,000
● House - Off Market

245 Sterling St

Fall River, MA 02721
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,226 Ft²
$392,959
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Location, location, location......this spacious home offer open concept living with 2 bedrooms on main level & possible 3 bedroom in finished basement. Hardwood flooring in dinning room and living room, also  granite kitchen counter tops & a deck off the kitchen. Did I mention that the dining room, living room & kitchen have cathedral ceilings The master bedroom has walk in closet & vaulted ceilings. The basement is finished and has a room that could be used as a third bedroom. Heating & hot water system is high efficiency and only a year old. Central A/C system is also a year old. This home is move in ready! FIRST SHOWING AT OPEN HOUSE ON WEDNESDAY MAY 19,2021 from 5:30 to 6:30 PM
Unit Size
2,226 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$153
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1930

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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: 5 years ago (MLSPIN #72831666)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 14, 2021 Listed by Vicente Realty, LLC $339,999
Listed by Vicente Realty, LLC
Jan 31, 2003 Sold
Premium
Sold
Nov 18, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 1,484
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 2,671
  • Gross Building Area: 3,116
  • Building Area: 2,671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,671
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0D-16 B:0000 L:0058
  • Lot: 58
  • Municipality: FALL RIVER
  • Latitude: 41.6661
  • Longitude: -71.1552

    Address

  • Full Address: 245 Sterling St
  • Address - House Number: 245
  • Address - Street Name: Sterling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 3111
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,000

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 416,861
  • High Value: 493,638
  • Low Value: 340,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,000
  • Assessed Land Value: $105,200
  • Assessed Improvements Value: $211,800

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16364
  • Previous Sale Recording Date: Jan 31, 2003
  • Previous Sale Amount: $138,000
  • 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

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

Nearby Rentals

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72831666

Frequently Asked Questions

When was property at 245 Sterling Street built and last sold?
The property at 245 Sterling Street was built in 1930 and last sold on Jul 16, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 245 Sterling Street is $0.
What are some comparable homes to 245 Sterling Street?
There are currently no comparable homes to 245 Sterling Street.
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