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Fall River 02721
248 Hancock St
$365,000
● House - Off Market

248 Hancock St

Fall River, MA 02721
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,204 Ft²
$557,177
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Beautiful 4 bedroom, 2 full bath Split Entry home in a desirable neighborhood. Kitchen with center island, granite counter tops & stainless steal appliances with an open floor concept into dining and living area. Hardwood & Tile flooring throughout this home,  bath with a  jacuzzi tub, double vanity, master bedroom with balcony. Fenced in yard with an above ground pool with a brand new trex deck, backyard with a concrete patio, perfect for entertaining ... A definite must see....    First showing at Open House Saturday 6/22 from 1:00-2:00
Unit Size
2,204 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$172
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1989

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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 #72519566)

Price History

Date / Event Date Event Price
Aug 2, 2019 Sold
Premium
Sold
Jun 15, 2019 Listed by RE/MAX Right Choice $380,000
Listed by RE/MAX Right Choice
Nov 29, 1994 Sold
Premium
Sold
Sep 12, 1994 Listed by RE/MAX Right Choice $150,000
Listed by RE/MAX Right Choice

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,131
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,446
  • Total Building Area: 2,233
  • Gross Building Area: 3,012
  • Building Area: 2,233
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,233
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY FALL RIVER
  • Land Acres: 0000000194
  • 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-13 B:0000 L:0107
  • Lot: 107
  • Municipality: FALL RIVER
  • Latitude: 41.6636
  • Longitude: -71.1492

    Address

  • Full Address: 248 Hancock St
  • Address - House Number: 248
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C033
  • 4-Digit Zip Code: 4708
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $511,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 535,938
  • High Value: 634,525
  • Low Value: 437,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,100
  • Assessed Land Value: $121,300
  • Assessed Improvements Value: $295,800

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12590
  • Previous Sale Recording Date: Nov 29, 1994
  • Previous Sale Amount: $150,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72519566

Frequently Asked Questions

When was property at 248 Hancock Street built and last sold?
The property at 248 Hancock Street was built in 1989 and last sold on Aug 2, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 248 Hancock Street is $389,692.
What are some comparable homes to 248 Hancock Street?
There are currently no comparable homes to 248 Hancock Street.
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