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Bristol
Lot 7, 34 Welcome St.
$107,000
● Land - Off Market

Lot 7, 34 Welcome St.

Fairhaven, MA 02719
bedrooms
Studio
bathrooms
0 Bath
$228,620
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Lot 7 is ready to build with town approvals in place.  "Mariner Estates" is a well-valued Community convenient to beaches, shopping, parks,  schools, restaurants, golf, marinas, bike path, recreation fields and commuting.  It is situated along the Massachusetts south coast with access to  Boston, Providence, Newport, Cape Cod and the Islands with ferry service. OWNER FINANCING & BUILDER'S PACKAGE AVAILABLE.  Town water/sewer, nat. gas, cable provided at street.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$95
HOA Dues
-
Year Built
2013

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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: 5 years ago (MLSPIN #71433406)

Price History

Date / Event Date Event Price
Aug 19, 2013 Sold
Premium
Sold
Sep 11, 2012 Listed by Riverside Realty $117,500
Listed by Riverside Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,472
  • Total Building Area: 1,920
  • Gross Building Area: 3,492
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000401
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fairhaven School District
  • School Tax School District: FAIRHAVEN SD
  • Census Tract: 655100

Zoning

  • Zoning: RA

Geography

  • Parcel: FAIR M:00031B L:00001G S:
  • Lot: 1G
  • Municipality: FAIRHAVEN
  • Latitude: 41.6459
  • Longitude: -70.8697

    Address

  • Full Address: 34 Welcome St
  • Address - House Number: 34
  • Address - Street Name: Welcome
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fairhaven
  • Carrier Code: C009
  • 4-Digit Zip Code: 2509
  • Zip Code: 02719

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $505,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 617,127
  • High Value: 720,233
  • Low Value: 514,021

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,600
  • Assessed Land Value: $179,100
  • Assessed Improvements Value: $368,500

    Sales

  • Current Sale Recording Date: Aug 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19717
  • Previous Sale Recording Date: Aug 19, 2013
  • Previous Sale Amount: $107,000
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2263 ft²

Average Home Age

70.7 years

Currently For Sale

1150 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: 5 years ago
Data Source: MLS PIN, MLS# 71433406

Frequently Asked Questions

When was property at 34 Welcome Street built and last sold?
The property at 34 Welcome Street was built in 2013 and last sold on Jan 1, 1970 for $107,000.
How much is this home worth?
The estimated value of the home located at 34 Welcome Street is $0.
What are some comparable homes to 34 Welcome Street?
There are currently no comparable homes to 34 Welcome Street.
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