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Fall River 02720
318 Belmont St
$470,000
● House - Off Market

318 Belmont St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,964 Ft²
$437,436
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Privately set back from the street and located in the highlands of Fall River you will find this hidden gem with about 2,000 square feet of living space, central heat/Ac, and off street parking for 6 cars!. This gorgeous remodeled colonial features 4 bedrooms 2 baths and nothing to do but move in. On the first floor you will find an immaculate kitchen with stainless steel appliances, a living room with a wood burning fireplace, a dining room, a 3 season's room and a full bathroom with a jacuzzi. The 2nd floor consists of 4 spacious bedrooms with hardwood flooring, a full bath and attic access. In addition to all of this you will get to enjoy a finished basement with a 2nd kitchen, a possible 5th bedroom or a bonus room and a laundry room. You don't want to miss out on this one.
Unit Size
1,964 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$224
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #73127445)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
Jun 24, 2023 In contract -
In contract
Jun 21, 2023 Listed by Rosewood Realty Fall River $439,900
Listed by Rosewood Realty Fall River
Apr 10, 2019 Sold
Premium
Sold
Dec 8, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 899
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,947
  • Total Building Area: 1,964
  • Gross Building Area: 3,866
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641800

Zoning

  • Zoning: A-2

Geography

  • Parcel: FALL M:0O-05 B:0000 L:0047
  • Lot: 47
  • Municipality: FALL RIVER
  • Latitude: 41.7134
  • Longitude: -71.1477

    Address

  • Full Address: 318 Belmont St
  • Address - House Number: 318
  • Address - Street Name: Belmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C028
  • 4-Digit Zip Code: 3602
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,000

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 465,317
  • High Value: 506,808
  • Low Value: 423,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,800
  • Assessed Land Value: $100,900
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11106
  • Previous Sale Recording Date: Apr 10, 2019
  • Previous Sale Contract Date: Apr 09, 2019
  • Previous Sale Amount: $124,750
  • Previous Sale Document Type: 55
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:

$509,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2683 ft²

Average Home Age

85.1 years

Currently For Sale

202 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: 6 months ago
Data Source: MLS PIN, MLS# 73127445

Frequently Asked Questions

When was property at 318 Belmont Street built and last sold?
The property at 318 Belmont Street was built in 1930 and last sold on Aug 11, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 318 Belmont Street is $442,284.
What are some comparable homes to 318 Belmont Street?
There are currently no comparable homes to 318 Belmont Street.
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