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Fall River 02724
245 Walter St
$265,000
● House - Off Market

245 Walter St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,333 Ft²
$403,627
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Seller entertaining offers from $249,900 - $269,900. This beautifully renovated home features an open floor plan.Kitchen has granite counters, stainless steel appliances, center island, recessed lighting and is open to a large living and dining room that has amazing waterviews.New  bath with granite vanity counter top.Hardwood floors in kitchen,living,Den and dining room.Walk out lower level has in- law potential that features a kitchen,bath,office,and a large living room. Other updates include a NEW high efficiency heating system,plumbing,roof, doors,wood trim and flooring. Close to schools, shopping and public transportation.Landscaping in backyard to be completed in the Spring.
Unit Size
2,333 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$107
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1975

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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 #72129849)

Price History

Date / Event Date Event Price
May 10, 2017 Sold
Premium
Sold
Mar 11, 2017 Listed by Ballow and Hutchinson Realty Group, Inc. $249,800
Listed by Ballow and Hutchinson Realty Group, Inc.
Jun 28, 2016 Sold
Premium
Sold
May 20, 2016 Listed by Ballow and Hutchinson Realty Group, Inc. $139,900
Listed by Ballow and Hutchinson Realty Group, Inc.
Jun 17, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,430
  • Total Building Area: 2,333
  • Gross Building Area: 2,676
  • Building Area: 2,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,333
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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:0042
  • Lot: 42
  • Municipality: FALL RIVER
  • Latitude: 41.6803
  • Longitude: -71.1811

    Address

  • Full Address: 245 Walter St
  • Address - House Number: 245
  • 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: $417,200

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 461,250
  • High Value: 547,719
  • Low Value: 374,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,000
  • Assessed Land Value: $107,600
  • Assessed Improvements Value: $232,400

    Sales

  • Current Sale Recording Date: May 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7743
  • Previous Sale Recording Date: Jun 28, 2016
  • Previous Sale Amount: $154,100
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72129849

Frequently Asked Questions

When was property at 245 Walter Street built and last sold?
The property at 245 Walter Street was built in 1975 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 245 Walter Street is $268,853.
What are some comparable homes to 245 Walter Street?
There are currently no comparable homes to 245 Walter Street.
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