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Fall River 02724
292 King Philip St
$366,400
● House - Off Market

292 King Philip St

Fall River, MA 02724
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,551 Ft²
$366,128
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Looking for a classic Colonial with a spectacular view? Well, look no further! Is space what you need? You'll find plenty of it here. Welcome to 292 King Philip St. This very well maintained home is bursting with character and just waiting for the right buyer to bring their ideas to life. Gleaming hardwood floors, 4 bedrooms (one on first floor), 2 baths, a single car garage, a primary bedroom and bath, and a large 3rd floor bonus space that could be used as a home office, playroom, studio, or additional bedroom(s). Fall in love with the year round water views of Mount Hope Bay from the 2nd and 3rd floor. This expansive home is convenient to everything yet tucked away in a tranquil little neighborhood.
Unit Size
2,551 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$137
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1948

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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: 5 months ago (MLSPIN #73028383)

Price History

Date / Event Date Event Price
Oct 21, 2022 Sold
Premium
Sold
Aug 23, 2022 Listed by Century 21 Signature Properties $349,900
Listed by Century 21 Signature Properties

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 744
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,324
  • Total Building Area: 2,551
  • Gross Building Area: 3,285
  • Building Area: 2,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,551
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640400

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0A-02 B:0000 L:0047
  • Lot: 47
  • Municipality: FALL RIVER
  • Latitude: 41.6847
  • Longitude: -71.1835

    Address

  • Full Address: 292 King Philip St
  • Address - House Number: 292
  • Address - Street Name: King Philip
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C087
  • 4-Digit Zip Code: 1250
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 394,771
  • High Value: 471,275
  • Low Value: 318,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,700
  • Assessed Land Value: $104,800
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18522
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:

$499,950

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2602 ft²

Average Home Age

85.9 years

Currently For Sale

204 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 months ago
Data Source: MLS PIN, MLS# 73028383

Frequently Asked Questions

When was property at 292 King Philip Street built and last sold?
The property at 292 King Philip Street was built in 1948 and last sold on Oct 21, 2022 for $366,400.
How much is this home worth?
The estimated value of the home located at 292 King Philip Street is $368,403.
What are some comparable homes to 292 King Philip Street?
There are currently no comparable homes to 292 King Philip Street.
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