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Fall River 02721
304 Line Road
$620,000
● House - Off Market

304 Line Road

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,487 Ft²
$784,367
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This beautiful ranch was built in 2018, located in a highly desirable neighborhood, and situated in close proximity to the Fall River, Massachusetts and Tiverton, Rhode Island border. This home boasts, a waterview with breathtaking sunrises and sunsets over the South Watuppa Pond, two car garage, gas fireplace, open floor plan, hardwood floors though out, eat-in kitchen with center island, stainless-steel appliances, 2 bedrooms, 1 master bedroom, master bathroom with double vanity and radiant heating, 2 bathrooms, irrigation system, cement patio and underground utilities. The basement is fully finished with an additional 1,650 square feet of living area that is configured for an theatre, bar, and entertainment area. Public access to Watuppa Pond is nearby for fishing, jet-skiing and more.
Unit Size
3,487 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$185
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
2018

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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 #72779333)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Jan 27, 2021 Listed by Realty Express - Lakeville $645,000
Listed by Realty Express - Lakeville

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 1,901
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,061
  • Total Building Area: 3,612
  • Gross Building Area: 4,826
  • Building Area: 3,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000369
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0D-21 B:0000 L:0076
  • Lot: 76
  • Municipality: FALL RIVER
  • Latitude: 41.6544
  • Longitude: -71.1329

    Address

  • Full Address: 304 Line Rd
  • Address - House Number: 304
  • Address - Street Name: Line
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C033
  • 4-Digit Zip Code: 5444
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,300

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 734,305
  • High Value: 854,325
  • Low Value: 614,285

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,500
  • Assessed Land Value: $163,900
  • Assessed Improvements Value: $425,600

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8574
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72779333

Frequently Asked Questions

When was property at 304 Line Road built and last sold?
The property at 304 Line Road was built in 2018 and last sold on Apr 15, 2021 for $620,000.
How much is this home worth?
The estimated value of the home located at 304 Line Road is $0.
What are some comparable homes to 304 Line Road?
There are currently no comparable homes to 304 Line Road.
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