$445,000
●
Multifamily -
Off Market
310 Eastern Ave
Fall River, MA 02723
7 Beds
3 Baths
3,636 Ft²
$428,208
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Investors or owner occupied 3-family on a corner lot. Spacious
units 1,212 sf of living area in each unit. First floor has 3
bedrooms, FHW Baseboard and laundry in unit. Second & Third floor
have 2 bedrooms, double parlors, space heaters and laundry in
basement. All units are tenant occupied (TAW). Rents are below
market. The roof is new with 30 year architectural shingles, 3 new
hot water heaters (owned), replacement windows throughout, 1 new
side porch, fenced in yard and a 1-car detached garage.
Unit Size
3,636 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$117
Property Type
Multifamily
Property Taxes
$392
HOA Dues
-
Year Built
1914
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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 #72958144)
Price History
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 3(Ceiling Fans, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room), Unit 3 Rooms(Living Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator)
Flooring Type: Tile, Vinyl, Carpet, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Wall to Wall Carpet), Unit 3(Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor)
Laundry Features: Unit 1 Laundry Room
Rooms: 15
Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: G
Parcel Number: 2830263
Water Source: Public
Financial Details
Tax Assessed Value: $339,700
Tax Annual Amount: $4,698
Utilities Details
Heating Type: Unit 1(Central Heat, Hot Water Baseboard, Gas), Unit 2(Gas, Space Heater), Unit 3(Gas, Space Heater)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2022
| |
7 Bed
|
3 Bath
|
3636 ft²
|
$424,900
7 Bed
3 Bath
3636 ft²
|
$445,000
+4.73%
05/31/2022
|
Karen Borden
James Velozo Real Estate
|
|
04/22/2009
| |
7 Bed
|
3 Bath
|
3609 ft²
|
$219,900
7 Bed
3 Bath
3609 ft²
|
$215,000
-2.23%
11/03/2009
|
David Raymondo
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017