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Fall River 02720
312 Driftwood St
$297,000
● House - Off Market

312 Driftwood St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,222 Ft²
$435,848
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Nestled within a new Highlands development is this completely remodeled 3 bedroom 2 bath "farmhouse" style home.  There is absolutely nothing to do but move into this adorable home.  Everything is new!  Plumbing, 200 amp service, replacement windows, new siding, new kitchen, 2 baths, new 2 zone AC & heating systems,  and the list goes on.  The location is fabulous!  Conveniently located off Highland Ave , this home is close to Route 24, Industrial Park, Amazon, several nursing homes, hospitals as well as school systems.
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$243
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1900

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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 #72509965)

Price History

Date / Event Date Event Price
Jul 23, 2019 Sold
Premium
Sold
May 31, 2019 Listed by RE/MAX Right Choice $297,000
Listed by RE/MAX Right Choice
Nov 8, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 468
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 1,222
  • Gross Building Area: 2,540
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0U-01 B:0000 L:0020
  • Lot: 20
  • Municipality: FALL RIVER
  • Latitude: 41.7385
  • Longitude: -71.1222

    Address

  • Full Address: 312 Driftwood St
  • Address - House Number: 312
  • Address - Street Name: Driftwood
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C046
  • 4-Digit Zip Code: 6810
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,600

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 458,385
  • High Value: 537,337
  • Low Value: 379,432

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,900
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11732
  • Previous Sale Recording Date: Nov 08, 2018
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 34
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

71

Average Home Size

2592 ft²

Average Home Age

86.2 years

Currently For Sale

208 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: 4 months ago
Data Source: MLS PIN, MLS# 72509965

Frequently Asked Questions

When was property at 312 Driftwood Street built and last sold?
The property at 312 Driftwood Street was built in 1900 and last sold on Jul 23, 2019 for $297,000.
How much is this home worth?
The estimated value of the home located at 312 Driftwood Street is $302,073.
What are some comparable homes to 312 Driftwood Street?
There are currently no comparable homes to 312 Driftwood Street.
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