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Fall River 02720
250 Nichols St
$277,500
● House - Off Market

250 Nichols St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,218 Ft²
$409,400
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Location Location Location!!!!   This well built split entry home with lots of space to spread out is ready for a new family to make it their own.  With 3 beds and 2 full baths plus a great room, family room,  dining room and lots of outdoor private living space this home will not last long. The home does need some updating but will be well worth the effort for many years to come.  List price reflects the work needed. This home has 2 heating systems 1 for each floor, lower level with walk out could be the perfect spot for in-laws or older children. Don't wait for this one to slip away.
Unit Size
2,218 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$126
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1972

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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 months ago (MLSPIN #72573809)

Price History

Date / Event Date Event Price
Dec 23, 2019 Sold
Premium
Sold
Oct 2, 2019 Listed by RE/MAX Right Choice $279,900
Listed by RE/MAX Right Choice

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,232
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,906
  • Total Building Area: 2,218
  • Gross Building Area: 2,464
  • Building Area: 2,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,218
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-03 B:0000 L:0097
  • Lot: 97
  • Municipality: FALL RIVER
  • Latitude: 41.7208
  • Longitude: -71.1318

    Address

  • Full Address: 250 Nichols St
  • Address - House Number: 250
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 6307
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,100

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 404,170
  • High Value: 477,991
  • Low Value: 330,349

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,700
  • Assessed Land Value: $119,100
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51209
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

$242

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2717 ft²

Average Home Age

83.7 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# 72573809

Frequently Asked Questions

When was property at 250 Nichols Street built and last sold?
The property at 250 Nichols Street was built in 1972 and last sold on Dec 23, 2019 for $277,500.
How much is this home worth?
The estimated value of the home located at 250 Nichols Street is $298,067.
What are some comparable homes to 250 Nichols Street?
There are currently no comparable homes to 250 Nichols Street.
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