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Fall River 02720
3138 N Main St
$335,000
● House - Off Market

3138 N Main St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,079 Ft²
$434,588
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

"They don't make 'em like this anymore."  Upgrades, charm, and character await those in search of quality, convenience, and room to entertain. No Cookie Cutter here! This 1925 Double Parlor Colonial boasts unexpected spaciousness as well as fireplaces on both sides, one with a pellet stove insert and the added character of wide plank floors. Four nice sized bedrooms. Newer windows, newer state-of-the-art boiler, high ceilings, roomy kitchen with a walk-in pantry, or office, and did I just see a boat go by? Taunton River peek-a-boo view out back and no flood insurance required, sweet! Western sunset views from the 2nd floor. Next to Captain O'Connell Boat Yard, Shaw's & Fall River Country Club are right up the street. Move-in ready with every convenience nearby. Welcome to Steep Brook!
Unit Size
2,079 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$156
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1925

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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 #72706972)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Aug 10, 2020 Listed by Wheel House Real Estate $325,000
Listed by Wheel House Real Estate
Sep 17, 2004 Sold
Premium
Sold
May 24, 2004 Listed by Wheel House Real Estate $274,900
Listed by Wheel House Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,450
  • Total Building Area: 1,841
  • Gross Building Area: 3,780
  • Building Area: 1,841
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,841
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642100

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0T-16 B:0000 L:0012
  • Lot: 12
  • Municipality: FALL RIVER
  • Latitude: 41.7394
  • Longitude: -71.1308

    Address

  • Full Address: 3138 N Main St
  • Address - House Number: 3138
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C047
  • 4-Digit Zip Code: 1528
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $442,100

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 478,631
  • High Value: 567,937
  • Low Value: 389,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,300
  • Assessed Land Value: $140,600
  • Assessed Improvements Value: $219,700

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19349
  • Previous Sale Recording Date: Sep 17, 2004
  • Previous Sale Amount: $274,900
  • Previous Sale Document Type: 27
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

2674 ft²

Average Home Age

86.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72706972

Frequently Asked Questions

When was property at 3138 North Main Street built and last sold?
The property at 3138 North Main Street was built in 1925 and last sold on Oct 2, 2020 for $335,000.
How much is this home worth?
The estimated value of the home located at 3138 North Main Street is $335,328.
What are some comparable homes to 3138 North Main Street?
There are currently no comparable homes to 3138 North Main Street.
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