For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Fall River 02720
283 Prospect Street
$277,000
● House - Off Market

283 Prospect Street

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,871 Ft²
$541,734
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Beautiful Highlands ranch with huge attached garage loaded with character. This home features a skylit foyer with marble tile flooring, arched doorways, marble fireplace, and a large formal dining room. There is a concrete patio area for entertaining with a nice back yard.
Unit Size
1,871 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$155
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1930

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #71731198)

Price History

Date / Event Date Event Price
Dec 1, 2014 Sold
Premium
Sold
Aug 18, 2014 Listed by New England Real Estate Organization $289,900
Listed by New England Real Estate Organization
Jan 24, 2006 Sold
Premium
Sold
Oct 3, 2005 Listed by New England Real Estate Organization $369,900
Listed by New England Real Estate Organization
Jun 26, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 701
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,208
  • Total Building Area: 1,871
  • Gross Building Area: 3,332
  • Building Area: 1,871
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,871
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641800

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0M-25 B:0000 L:0063
  • Lot: 63
  • Municipality: FALL RIVER
  • Latitude: 41.709
  • Longitude: -71.1495

    Address

  • Full Address: 283 Prospect St
  • Address - House Number: 283
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C006
  • 4-Digit Zip Code: 3415
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,000

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 545,093
  • High Value: 635,107
  • Low Value: 455,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,400
  • Assessed Land Value: $107,400
  • Assessed Improvements Value: $305,000

    Sales

  • Current Sale Recording Date: Dec 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17256
  • Previous Sale Recording Date: Jan 24, 2006
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71731198

Frequently Asked Questions

When was property at 283 Prospect Street built and last sold?
The property at 283 Prospect Street was built in 1930 and last sold on Jan 1, 1970 for $277,000.
How much is this home worth?
The estimated value of the home located at 283 Prospect Street is $309,460.
What are some comparable homes to 283 Prospect Street?
There are currently no comparable homes to 283 Prospect Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Fall River Homes for Sale
Fall River Houses for Sale
Fall River Condos for Sale
Fall River Townhouses for Sale
Fall River Multifamily for Sale
Fall River Land for Sale
Fall River Commercial for Sale
Fall River Homes with Basements
Nearby Cities
New Bedford Homes for Sale
Taunton Homes for Sale
Attleboro Homes for Sale
Pawtucket Homes for Sale
Somerset Homes for Sale
East Providence Homes for Sale
Newport Homes for Sale
Middleborough Center Homes for Sale
Nearby Property Records
Bristol County, MA Property Records
Bristol County, RI Property Records
Newport County, RI Property Records
Providence County, RI Property Records
Plymouth County, MA Property Records
Dukes County, MA Property Records
Kent County, RI Property Records
Norfolk County, MA Property Records
Neighborhoods
Wayland Real Estate
Nearby Counties
New Bedford Homes for Sale
Taunton Homes for Sale
Attleboro Homes for Sale
Middleborough Homes for Sale
Dartmouth Homes for Sale
Pawtucket Homes for Sale
Raynham Homes for Sale
Somerset Homes for Sale
Top Real Estate Agents
Top Agents in Fall River
Top Agents in New Bedford
Top Agents in New Bedford
Top Agents in Taunton
Top Agents in Taunton
Top Agents in 02780
Top Agents in Attleboro
Top Agents in Attleboro