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Fall River 02721
362 Ames St
$435,000
● House - Off Market

362 Ames St

Fall River, MA 02721
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,162 Ft²
$391,708
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Open concept 4 bedroom 2 bathroom Bungalow with 2 car garage on an oversized lot. Plenty of extra room in the basement for extra storage or even add an additional living space or bedroom. Open house Saturday 1/28/2023 1:30-3:30pm. Contingent upon Sellers to obtain suitable housing.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$331
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1930

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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 #73069730)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Feb 8, 2023 In contract -
In contract
Jan 10, 2023 Listed by Divine Real Estate, Inc. $385,000
Listed by Divine Real Estate, Inc.
Apr 30, 2020 Sold
Premium
Sold
Mar 14, 2020 Listed by Divine Real Estate, Inc. $269,000
Listed by Divine Real Estate, Inc.
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,451
  • Total Building Area: 1,162
  • Gross Building Area: 2,504
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0E-12 B:0000 L:0035
  • Lot: 35
  • Municipality: FALL RIVER
  • Latitude: 41.6752
  • Longitude: -71.1555

    Address

  • Full Address: 362 Ames St
  • Address - House Number: 362
  • Address - Street Name: Ames
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C031
  • 4-Digit Zip Code: 3304
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 52
  • Final Value: 339,238
  • High Value: 420,134
  • Low Value: 258,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,400
  • Assessed Land Value: $104,500
  • Assessed Improvements Value: $163,900

    Sales

  • Current Sale Contract Date: Apr 03, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4820
  • Previous Sale Recording Date: Apr 30, 2020
  • Previous Sale Contract Date: Apr 27, 2020
  • Previous Sale Amount: $280,000
  • 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 Fall River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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# 73069730

Frequently Asked Questions

When was property at 362 Ames Street built and last sold?
The property at 362 Ames Street was built in 1930 and last sold on Apr 3, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 362 Ames Street is $376,594.
What are some comparable homes to 362 Ames Street?
There are currently no comparable homes to 362 Ames Street.
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