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Fall River 02720
2543 N Main St
$382,500
● House - Off Market

2543 N Main St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,436 Ft²
$412,685
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Well maintained single family home located in The North End with 3 bedrooms, 2 and a half baths, finished basement, off street parking, solar panels and fenced in back yard. Many updates including forced hot air and central air.
Unit Size
2,436 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$160
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1988

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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 #72975001)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 14, 2022 Relisted $224,750
Relisted
Oct 6, 2022 In contract -
In contract
May 2, 2022 Listed by Lion Gate Real Estate, Inc. $389,000
Listed by Lion Gate Real Estate, Inc.
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 940
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,014
  • Total Building Area: 2,436
  • Gross Building Area: 2,526
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642200

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0T-17 B:0000 L:0005
  • Lot: 5
  • Municipality: FALL RIVER
  • Latitude: 41.7324
  • Longitude: -71.136

    Address

  • Full Address: 2543 N Main St
  • Address - House Number: 2543
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C025
  • 4-Digit Zip Code: 1421
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 463,884
  • High Value: 555,170
  • Low Value: 372,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,300
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21463
  • Previous Sale Recording Date: Jul 17, 2017
  • Previous Sale Amount: $224,750
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72975001

Frequently Asked Questions

When was property at 2543 North Main Street built and last sold?
The property at 2543 North Main Street was built in 1988 and last sold on Dec 14, 2022 for $378,000.
How much is this home worth?
The estimated value of the home located at 2543 North Main Street is $404,707.
What are some comparable homes to 2543 North Main Street?
There are currently no comparable homes to 2543 North Main Street.
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