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Fall River 02724
255 Laurel Street
$310,000
● House - Off Market

255 Laurel Street

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$405,404
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

**COMMUTERS OPEN HOUSE 7/29 FROM 5:30-7:30** Looking for a newer home turn key ready? Look no further than this very young cared for Colonial with 3 bedrooms and 2.5 baths! As you walk in you will love the large open floor plan with a family room and eat in kitchen with new s/s appliances and gleaming hardwood floors with a slider leading you to a deck and nice private backyard including a shed! The second floor has 3 large bedroom with ample closet space for all your storage needs! The full size basement has a finished half bath and ready for you to finish up the rest for extra living space! Home features also include central air, city sewer and water as well as a brand new water heater! Book your private showing today or come and tour at our commuters open house!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$167
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
2006

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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 #72698750)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 16, 2021 Listed by Keller Williams Elite $370,000
Listed by Keller Williams Elite
Sep 10, 2020 Sold
Premium
Sold
Jul 27, 2020 Listed by Keller Williams Elite $299,900
Listed by Keller Williams Elite
Oct 18, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • 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: 7
  • Basement Area: 900
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,924
  • Total Building Area: 1,800
  • Gross Building Area: 2,840
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640202

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0C-04 B:0000 L:0079
  • Lot: 79
  • Municipality: FALL RIVER
  • Latitude: 41.6797
  • Longitude: -71.1655

    Address

  • Full Address: 255 Laurel St
  • Address - House Number: 255
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C088
  • 4-Digit Zip Code: 3009
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $457,900

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 448,708
  • High Value: 536,453
  • Low Value: 360,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,200
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $269,200

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27612
  • Previous Sale Recording Date: Sep 10, 2020
  • Previous Sale Contract Date: Sep 09, 2020
  • Previous Sale Amount: $310,000
  • 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

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# 72698750

Frequently Asked Questions

When was property at 255 Laurel Street built and last sold?
The property at 255 Laurel Street was built in 2006 and last sold on Nov 30, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 255 Laurel Street is $375,478.
What are some comparable homes to 255 Laurel Street?
There are currently no comparable homes to 255 Laurel Street.
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