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Fall River 02720
321 Corbett Street
$500,000
● House - Off Market

321 Corbett Street

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,960 Ft²
$556,421
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

6 Year Young Home located in the North End!  3 Bed, 2 Bath with additional square feet framed in walk out basement ready to finish your way that will add a 3rd bath, Large open 25 x 16 Family room with exterior access to backyard patio. Features include Cathedral ceilings, recess lights, Hardwood flooring through out Living, dining  and all bedrooms.  Master bedroom has cathedral ceilings, master bath and double vanity.  Great open concept from Kitchen to living space for entertaining, granite counter tops, cherry stain cabinets, Stainless Appliances and center isle.  Large backyard, plenty off street parking, 26 x 26 garage. First Showings at Open House Sunday 6/26 11:00am - 12:30-pm
Unit Size
1,960 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$273
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
2016

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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 #73000550)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by Keller Williams Realty $535,000
Listed by Keller Williams Realty
Jan 13, 2017 Sold
Premium
Sold
Apr 15, 2016 Listed by Keller Williams Realty $339,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 840
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,009
  • Total Building Area: 1,960
  • Gross Building Area: 3,180
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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-10 B:0000 L:0232
  • Lot: 232
  • Municipality: FALL RIVER
  • Latitude: 41.7308
  • Longitude: -71.1247

    Address

  • Full Address: 321 Corbett St
  • Address - House Number: 321
  • Address - Street Name: Corbett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C046
  • 4-Digit Zip Code: 6627
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 543,954
  • High Value: 642,245
  • Low Value: 445,664

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,500
  • Assessed Land Value: $151,000
  • Assessed Improvements Value: $311,500

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16251
  • Previous Sale Recording Date: Jan 13, 2017
  • Previous Sale Amount: $339,900
  • Previous Sale Document Type: O
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

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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# 73000550

Frequently Asked Questions

When was property at 321 Corbett Street built and last sold?
The property at 321 Corbett Street was built in 2016 and last sold on Sep 12, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 321 Corbett Street is $535,717.
What are some comparable homes to 321 Corbett Street?
There are currently no comparable homes to 321 Corbett Street.
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