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Fall River 02724
320 Mount Hope Ave
Photo of 320 Mount Hope Ave
Sold on Jul 22, 2025

33

Map

Photo of 320 Mount Hope Ave
Photo of 320 Mount Hope Ave
$430,000
● House - Off Market

320 Mount Hope Ave

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$2,447
Est. Monthly
4.64%
Cap Rate

About This Property

Welcome to this recently renovated, perfectly situated, home!  This Ranch sits on a corner lot, with a cute fenced in yard, and ocean views from the front porch!  A sound home, on a quiet road, and neighborhood, you can feel confident in this property for years to come.  Upgraded counter tops, new appliances, an updated bathroom, and a brand new 200 amp electrical service!  The heavy lifting has been taken care of while still offering opportunity for you to add some design elements and and upgrades of your own.  This location is spectacular.  Elementary, Middle, and High Schools are all a moments drive!  Both beach front and inner city parks and playgrounds are also near by.  The area amenities continue with surrounding restaurants and the MBTA station for your Boston commute.  This one will not last!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$298
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1962

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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: 2 years ago (MLSPIN #73379061)

Price History

Date / Event Date Event Price
Jul 22, 2025 Sold
Premium
Sold
Jun 16, 2025 In contract -
In contract
May 27, 2025 Listed $429,000
Listed
Jun 25, 2020 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,784
  • Total Building Area: 1,440
  • Gross Building Area: 1,956
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640300

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0A-08 B:0000 L:0015
  • Lot: 15
  • Municipality: FALL RIVER
  • Latitude: 41.6787
  • Longitude: -71.1875

    Address

  • Full Address: 320 Mount Hope Ave
  • Address - House Number: 320
  • Address - Street Name: Mount Hope
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C086
  • 4-Digit Zip Code: 1625
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $370,300

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 391,845
  • High Value: 457,312
  • Low Value: 326,378

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,800
  • Assessed Land Value: $104,300
  • Assessed Improvements Value: $197,500

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10683
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: 2 years ago
Data Source: MLS PIN, MLS# 73379061

Frequently Asked Questions

When was property at 320 Mt Hope Avenue built and last sold?
The property at 320 Mt Hope Avenue was built in 1962 and last sold on Jun 1, 2020 for $96,985.
How much is this home worth?
The estimated value of the home located at 320 Mt Hope Avenue is $0.
What are some comparable homes to 320 Mt Hope Avenue?
There are currently no comparable homes to 320 Mt Hope Avenue.
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