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Fall River 02721
31 Mcmahon St
$220,000
● House - Off Market

31 Mcmahon St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,078 Ft²
$406,754
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

SELLER WANTS TO MOVE THIS 3 BEDROOM RAISED RANCH!!! HAS HAD SEVERAL UPDATES, INCLDUING A NEW ROOF, NEW HARDWOOD FLOORS IN LIVING ROOM, NEW SLIDERS LEADING TO LARGE DECK, 3 BEDROOMS ON MAIN LEVEL PLUS A FINISHED BASEMENT WITH A JACUZZI TUB, AND 3 FINISHED ROOMS FOR ADDITIONAL LIVING SPACE!! BACK YARD HAS A BEAUTIFUL PATIO THAT WAS RECENTLY DONE AND AN ABOVE GROUND POOL - NICE KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND BRAND NEW WASHER AND DRYER THAT WILL STAY WITH SALE!! CALL ME TODAY FOR MORE INFO ON THIS GEM!! ALL REASONABLE OFFERS WILL BE CONSIDERED!!!
Unit Size
1,078 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$209
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1996

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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 #71747301)

Price History

Date / Event Date Event Price
Apr 24, 2015 Sold
Premium
Sold
Sep 23, 2014 Listed by CENTURY 21 Associates Realty, LLC $225,000
Listed by CENTURY 21 Associates Realty, LLC
May 16, 2012 Sold
Premium
Sold
Nov 8, 2011 Listed by CENTURY 21 Associates Realty, LLC $199,900
Listed by CENTURY 21 Associates Realty, LLC
Jan 11, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 720
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,402
  • Gross Building Area: 2,374
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL MDWS
  • Land Acres: 0000000138
  • 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:0C-12 B:0000 L:0003
  • Lot: 3
  • Municipality: FALL RIVER
  • Latitude: 41.6719
  • Longitude: -71.1646

    Address

  • Full Address: 31 Mcmahon St
  • Address - House Number: 31
  • Address - Street Name: Mcmahon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 2347
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,200

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 413,363
  • High Value: 497,215
  • Low Value: 329,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,600
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $212,900

    Sales

  • Current Sale Recording Date: Apr 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5786
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71747301

Frequently Asked Questions

When was property at 31 McMahon Street built and last sold?
The property at 31 McMahon Street was built in 1996 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 31 McMahon Street is $226,810.
What are some comparable homes to 31 McMahon Street?
There are currently no comparable homes to 31 McMahon Street.
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