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Fall River 02720
329 New Boston Rd
$279,000
● House - Off Market

329 New Boston Rd

Fall River, MA 02720
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,811 Ft²
$439,730
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Well-maintained, single family home in desired highlands area. Walking in the front door offers bright combined living and dining space with restored hardwood floors. First floor master bedroom and laundry hook-up. Entertain family and friends with a bar area and glass sliding doors leading to a partially covered back deck and fenced in yard. Plenty of closet/storage space throughout. Two more bedrooms, potential office space and bath with jacuzzi tub upstairs.  Spacious back yard includes deck, two car garage and two storage sheds. Minutes from route 195 and 24.
Unit Size
1,811 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$166
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1900

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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 #72502338)

Price History

Date / Event Date Event Price
Aug 8, 2019 Sold
Premium
Sold
May 17, 2019 Listed by Milestone Realty, Inc. $299,900
Listed by Milestone Realty, Inc.
Jun 16, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 594
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,770
  • Total Building Area: 1,811
  • Gross Building Area: 2,880
  • Building Area: 1,811
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,811
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0P-01 B:0000 L:0006
  • Lot: 6
  • Municipality: FALL RIVER
  • Latitude: 41.7099
  • Longitude: -71.1398

    Address

  • Full Address: 329 New Boston Rd
  • Address - House Number: 329
  • Address - Street Name: New Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C048
  • 4-Digit Zip Code: 5852
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,800

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 438,407
  • High Value: 557,275
  • Low Value: 319,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,400
  • Assessed Land Value: $107,900
  • Assessed Improvements Value: $268,500

    Sales

  • Current Sale Contract Date: Aug 08, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12915
  • Previous Sale Recording Date: Jun 16, 1989
  • Previous Sale Amount: $110,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72502338

Frequently Asked Questions

When was property at 329 New Boston Road built and last sold?
The property at 329 New Boston Road was built in 1900 and last sold on Aug 8, 2019 for $279,000.
How much is this home worth?
The estimated value of the home located at 329 New Boston Road is $301,267.
What are some comparable homes to 329 New Boston Road?
There are currently no comparable homes to 329 New Boston Road.
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