$315,000
●
Multifamily -
Off Market
328 Broadway
Fall River, MA 02721
9 Beds
3 Baths
3,125 Ft²
$581,672
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model
About This Property
REDUCED! SELLER MOTIVATED! Well maintained. Replacement
windows. Each apartment has been copmpletely renovated. Very neat
and clean. Utilities all separate. Hot water tanks owned.
Coin operated washer and dryer in basement. Lead paint
certificate for 3rd floor. 3rd floor has a one year lease. 1st
floor has baseboard gas heat. Backyard is enclosed with a separate
trash shed. Space Heaters on 2nd and 3rd floor.
Unit Size
3,125 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$109
Property Type
Multifamily
Property Taxes
$153
HOA Dues
-
Year Built
1900
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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: 5 years ago (MLSPIN #70435150)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Shared Driveway, Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Pantry, Lead Certification Available), Unit 2(Ceiling Fans, Pantry, Lead Certification Available), Unit 3(Ceiling Fans, Pantry, Lead Certification Available), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet, Concrete
Laundry Features: Washer Hookup
Rooms: 18
Basement: Full, Interior Entry, Concrete
Exterior Details
Security Features: Unit 1 Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Brick, Stone
Patio and Porch Features: Enclosed
Lead Paint: Certified Treated
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: R2
Parcel Number: M:0G04 B:0000 L:0072, 2825820
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $268,600
Tax Annual Amount: $1,835
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Heating Type: Unit 1(Gas), Unit 2(Gas, Other (See Remarks)), Unit 3(Gas, Other (See Remarks))
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/24/2021
| |
9 Bed
|
3 Bath
|
3024 ft²
|
$499,000
9 Bed
3 Bath
3024 ft²
|
$525,000
+5.21%
11/09/2021
|
Jonathan Wojtowicz
Doreen Quintanilla
|
|
08/03/2006
| |
9 Bed
|
3 Bath
|
3125 ft²
|
$339,900
9 Bed
3 Bath
3125 ft²
|
$315,000
-7.33%
05/18/2007
|
Kathleen Mellen
Pacheco Real Estate
|
Building Info
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