$270,000
●
Multifamily -
Off Market
351 Jefferson St
Fall River, MA 02721
6 Beds
2 Baths
2,028 Ft²
$381,448
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
BACK ON THE MARKET DUE TO FINANCING: NOW IS YOUR 2ND
CHANCE~~Charming 2 Family that has been Owner Occupied and very
well taken care of for over 70 years. Hardwood Floors
throughout most of the rooms. The 1st and 2nd levels have updated
tiled baths and kitchens. Beautiful built in hutches in the dining
rooms of both levels and plenty of closet space in both units. Both
levels are identical in layout except one of the bedrooms has
access to the deck so they're currently using that as an office.
The 2nd floor has a space heater and the first floor has
baseboard heat. Vinyl replacement windows, newer roof and all
appliances will convey with the sale. This 2 family is perfect for
an extended family and is in move in condition, don't wait, this
one will not last. Plenty of area amenities and quick highway
access, great for commuters.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$133
Property Type
Multifamily
Property Taxes
$214
HOA Dues
-
Year Built
1923
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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 #72634411)
Price History
Property Highlights
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Oil Water Heater, Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
Laundry Features: Laundry Room, Washer Hookup
Rooms: 12
Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: R-4
Parcel Number: M:0F07 B:0000 L:0048, 2824202
Water Source: Public
Financial Details
Tax Map Number: 0F--07
Tax Assessed Value: $176,200
Tax Annual Amount: $2,569
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Oil), Unit 2(Gas, Space Heater)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Highway Access, Private School, Public School, Sidewalks
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 |
|---|---|---|---|---|---|---|---|
|
10/19/2020
| |
6 Bed
|
2 Bath
|
2028 ft²
|
$319,900
6 Bed
2 Bath
2028 ft²
|
$324,000
+1.28%
01/06/2021
|
Zambrano Properties & Associates
RE/MAX 360
|
|
03/16/2020
| |
6 Bed
|
2 Bath
|
2028 ft²
|
$269,900
6 Bed
2 Bath
2028 ft²
|
$270,000
+0.04%
05/15/2020
|
Nathan Sousa
Keller Williams South Watuppa
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017