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Fall River 02721
261 Lynwood
$240,000
● House - Off Market

261 Lynwood

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,476 Ft²
$416,517
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Almost brand new, this three year young Cape is in move in condition.  Lovingly cared for by the owners.  Spacious layout, Huge 1st floor master bedroom suite with full bath and walk in closet (set up now as a living room.)  The living room is being used as a formal dining room, as you can see, many possible uses for these rooms. Pretty kitchen with plenty of cabinets and countertop space. Opposite kitchen is a convenient dining area with a slider to the back deck. Half bath and separate laundry room is located on the first floor. 2nd level has 2 bedrooms and a full bath. Located at the end of a dead end Street. 10x10 shed is negotiable.   This HOME SWEET HOME is waiting for you!
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$165
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
2013

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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 #71958767)

Price History

Date / Event Date Event Price
May 13, 2016 Sold
Premium
Sold
Feb 12, 2016 Listed by Arrow Realty Group, Inc. $243,888
Listed by Arrow Realty Group, Inc.
Sep 4, 2013 Sold
Premium
Sold
Jul 17, 2013 Listed by Arrow Realty Group, Inc. $229,900
Listed by Arrow Realty Group, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,133
  • Total Building Area: 1,476
  • Gross Building Area: 3,065
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000141
  • 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:0C-17 B:0000 L:0115
  • Lot: 115
  • Municipality: FALL RIVER
  • Latitude: 41.6676
  • Longitude: -71.1715

    Address

  • Full Address: 261 Lynwood St
  • Address - House Number: 261
  • Address - Street Name: Lynwood
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 2144
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,900

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 462,590
  • High Value: 553,142
  • Low Value: 372,039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,700
  • Assessed Land Value: $92,500
  • Assessed Improvements Value: $309,200

    Sales

  • Current Sale Recording Date: May 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7794
  • Previous Sale Recording Date: Sep 04, 2013
  • Previous Sale Amount: $229,000
  • 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:

$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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71958767

Frequently Asked Questions

When was property at 261 Lynwood Street built and last sold?
The property at 261 Lynwood Street was built in 2013 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 261 Lynwood Street is $252,388.
What are some comparable homes to 261 Lynwood Street?
There are currently no comparable homes to 261 Lynwood Street.
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