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Fall River 02721
262 Sterling St
$300,000
● House - Off Market

262 Sterling St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$472,534
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Welcome Home to this 3 bedroom, 2 full bath colonial located in a desirable area just before the Tiverton line. Enjoy a more quiet setting with city perks in just a short drive.  This home features a Large open kitchen with plenty of storage and rear deck access leading to a well maintained above ground pool.  Formal dining room and living room have a Bright & Open Feel. Master bedroom sized to accommodate king size furniture with spacious walk-in closet.  Conveniently Located within 3 minutes to Highway, new shopping center, cinema and restaurants.
Unit Size
1,996 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$158
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
2005

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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 #72443841)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Jan 19, 2019 Listed by Milestone Realty, Inc. $315,900
Listed by Milestone Realty, Inc.
Apr 29, 2005 Sold
Premium
Sold
Sep 30, 2004 Listed by Milestone Realty, Inc. $319,000
Listed by Milestone Realty, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 998
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,996
  • Gross Building Area: 3,234
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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-16 B:0000 L:0026
  • Lot: 26
  • Municipality: FALL RIVER
  • Latitude: 41.6664
  • Longitude: -71.1549

    Address

  • Full Address: 262 Sterling St
  • Address - House Number: 262
  • Address - Street Name: Sterling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 3112
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 449,151
  • High Value: 555,040
  • Low Value: 343,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,200
  • Assessed Land Value: $105,200
  • Assessed Improvements Value: $292,000

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50533
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 48
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

2652 ft²

Average Home Age

86.8 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# 72443841

Frequently Asked Questions

When was property at 262 Sterling Street built and last sold?
The property at 262 Sterling Street was built in 2005 and last sold on Mar 28, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 262 Sterling Street is $330,946.
What are some comparable homes to 262 Sterling Street?
There are currently no comparable homes to 262 Sterling Street.
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