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Fall River 02721
261 Adelaide Street
Photo of 261 Adelaide Street
Sold on Apr 11, 2025

28

Map

Photo of 261 Adelaide Street
Photo of 261 Adelaide Street
$415,000
● House - Off Market

261 Adelaide Street

Fall River, MA 02721
bedrooms
2 Beds
bathrooms
2 Baths
square feet
960 Ft²
$2,171
Est. Monthly
4.80%
Cap Rate

About This Property

Come discover this lovingly maintained ranch located in the south end of the city.  Step inside to a bright and sunny living room, kitchen-dining area, two bedrooms, a study, and a full bathroom. The basement is partially finished and heated, offering a bar, another full bathroom, and a large storage area in the back. Another bonus to this gem of a property is a fully finished and heated sunroom with access to a beautifully landscaped backyard.  Other features include central air conditioning in the main living area, as well as attic storage,  a detached one-car garage, multi-car driveway, newer roof, and siding.   This oversized lot also affords the possibility for adding an accessory dwelling unit.  (ADU)     OPEN HOUSES FOR SATURDAY 3/15 and SUNDAY 3/16 are canceled.  Seller has accepted an offer.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$396
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1964

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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: 6 months ago (MLSPIN #73343265)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Mar 15, 2025 In contract -
In contract
Mar 10, 2025 Listed $379,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 960
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,277
  • Gross Building Area: 2,232
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,277
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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-17 B:0000 L:0042
  • Lot: 42
  • Municipality: FALL RIVER
  • Latitude: 41.668
  • Longitude: -71.1555

    Address

  • Full Address: 261 Adelaide St
  • Address - House Number: 261
  • Address - Street Name: Adelaide
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 3122
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $326,500

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 369,919
  • High Value: 431,723
  • Low Value: 308,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,100
  • Assessed Land Value: $106,800
  • Assessed Improvements Value: $159,300
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:

$514,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2659 ft²

Average Home Age

84.8 years

Currently For Sale

203 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: 6 months ago
Data Source: MLS PIN, MLS# 73343265

Frequently Asked Questions

When was property at 261 Adelaide Street built and last sold?
The property at 261 Adelaide Street was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 261 Adelaide Street is $377,648.
What are some comparable homes to 261 Adelaide Street?
There are currently no comparable homes to 261 Adelaide Street.
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