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Fall River 02721
25 Somerset Street
$225,000
● House - Off Market

25 Somerset Street

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$513,687
RealtyHop Estimate
123.44%
Since Jan 1, 2011
National-US
Primary Model

About This Property

Lovely Colonial under construction with hardwood floors in living room and hallway on the second floor. Oak staircase Ceramic tile flooring in the kitchen, dining room and bathrooms. The first floor bathroom is a 3/4 bath. A/C ready. Still time to choose your colors.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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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: 4 months ago (MLSPIN #71054343)

Price History

Date / Event Date Event Price
Dec 10, 2010 Sold
Premium
Sold
Mar 26, 2010 Listed by CENTURY 21 Anchor Real Estate $229,900
Listed by CENTURY 21 Anchor Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,334
  • Total Building Area: 1,680
  • Gross Building Area: 2,689
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROMAN CATHOLIC BISHOP
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Geography

  • Parcel: FALL M:0F-10 B:0000 L:0097
  • Lot: 97
  • Municipality: FALL RIVER
  • Latitude: 41.6861
  • Longitude: -71.1481

    Address

  • Full Address: 25 Somerset St
  • Address - House Number: 25
  • Address - Street Name: Somerset
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C035
  • 4-Digit Zip Code: 3826
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 433,070
  • High Value: 505,425
  • Low Value: 360,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,000
  • Assessed Land Value: $104,400
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Recording Date: Dec 10, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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

71

Average Home Size

2597 ft²

Average Home Age

86.2 years

Currently For Sale

207 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: 4 months ago
Data Source: MLS PIN, MLS# 71054343

Frequently Asked Questions

When was property at 25 Somerset Street built and last sold?
The property at 25 Somerset Street was built in 2010 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 25 Somerset Street is $243,935.
What are some comparable homes to 25 Somerset Street?
There are currently no comparable homes to 25 Somerset Street.
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