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Fall River 02721
248 Grattan St
$255,000
● House - Off Market

248 Grattan St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,316 Ft²
$395,722
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Single level living in nice residential area. Lots of natural light pours into your Open living space running between Kitchen, Dining Room and Living room.  Your granite breakfast bar separates your dining room (hardwood floors) from an attractive kitchen complete with coffee station.  First floor laundry with half bath, central air conditioning, and new carpeting.  Additional living space in the basement is waiting for your makeover into a great family or game room. Space is heated and has great ceiling height. Stop by our open house on Saturday, March 17th 12:30-2pm.
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$197
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
2011

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Cap Rate Calculator

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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 months ago (MLSPIN #72292554)

Price History

Date / Event Date Event Price
May 2, 2018 Sold
Premium
Sold
Mar 12, 2018 Listed by RE/MAX Welcome Home $259,900
Listed by RE/MAX Welcome Home

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • 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: 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: 1,316
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,181
  • Total Building Area: 1,316
  • Gross Building Area: 2,774
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENNEDY & GRATTAN STREETS
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640700

Zoning

  • Zoning: B-L

Geography

  • Parcel: FALL M:0E-18 B:0000 L:0035
  • Lot: 35
  • Municipality: FALL RIVER
  • Latitude: 41.6761
  • Longitude: -71.1502

    Address

  • Full Address: 248 Grattan St
  • Address - House Number: 248
  • Address - Street Name: Grattan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C037
  • 4-Digit Zip Code: 3418
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,500

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 403,731
  • High Value: 506,963
  • Low Value: 300,498

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,800
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $265,900

    Sales

  • Current Sale Recording Date: May 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6923
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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2677 ft²

Average Home Age

82.7 years

Currently For Sale

202 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 months ago
Data Source: MLS PIN, MLS# 72292554

Frequently Asked Questions

When was property at 248 Grattan Street built and last sold?
The property at 248 Grattan Street was built in 2011 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 248 Grattan Street is $266,824.
What are some comparable homes to 248 Grattan Street?
There are currently no comparable homes to 248 Grattan Street.
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