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Fall River 02720
262 Archer Street
$425,000
● House - Off Market

262 Archer Street

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$495,768
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

LOCATION! LOCATION! LOCATION WELCOME TO THE "HIGHLANDS" AT ITS BEST! PRISTINE CONDITION - EXCELLENT FOR A  GROWING FAMILY! VERY SOLID HOME THRU-OUT MINUTES TO ROUTE 24 NORTH AND ROUTE 79 NORTH & ROUTE 195 4 good sized  Bedrooms 1.75  BATHS BASEMENT PARTIALLY FINISHED  with additional "MAN CAVE"  ORIGINAL WOODWORK- FIREPLACE-FRENCH DOORS -PRIVATE DEN OR OFFICE AREAHARD WOOD FLOORING in excellent condition added features include MARBLE FLOORINGDETACHED GARAGE STONE WALL SURROUNDING THIS BEAUTIFUL HOME.PRIVATE DRIVEWAY fenced yard with rear deck for your privacy!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$257
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1930

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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: 5 years ago (MLSPIN #72886766)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by RE/MAX Vantage $450,000
Listed by RE/MAX Vantage

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 1,164
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,652
  • Total Building Area: 1,860
  • Gross Building Area: 3,670
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642300

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-04 B:0000 L:0033
  • Lot: 33
  • Municipality: FALL RIVER
  • Latitude: 41.7243
  • Longitude: -71.1323

    Address

  • Full Address: 262 Archer St
  • Address - House Number: 262
  • Address - Street Name: Archer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 6506
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,800

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 454,206
  • High Value: 536,400
  • Low Value: 372,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,800
  • Assessed Land Value: $113,800
  • Assessed Improvements Value: $208,000

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29529
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

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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 years ago
Data Source: MLS PIN, MLS# 72886766

Frequently Asked Questions

When was property at 262 Archer Street built and last sold?
The property at 262 Archer Street was built in 1930 and last sold on Dec 21, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 262 Archer Street is $0.
What are some comparable homes to 262 Archer Street?
There are currently no comparable homes to 262 Archer Street.
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