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Fall River 02720
3687 N Main St
$450,000
● House - Off Market

3687 N Main St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,586 Ft²
$2,644
Est. Monthly

About This Property

Rustic living in the north end of Fall River! This home was fully renovated in 2021! Everything from the plumbing, electrical service, vinyl siding, and septic tank are all updated. The kitchen has all brand new appliances that will be staying with the property. The bathroom features a beautiful tub along with the shower to encompass relaxation and tranquility. The house sits on a 27,000 sq. foot lot with no neighbors in sight. If you're looking for a nice home with privacy, while also enjoying the benefits and convenience of living minutes away from the city, then look no further!
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$306
Property Type
House
Property Taxes
$262
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 #73176373)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
May 8, 2024 Price Decreased $485,000
↓ $15K (3%)
Price Decreased
Apr 30, 2024 Price Decreased $499,999
↓ $10K (2%)
Price Decreased
Feb 9, 2024 Price Decreased $510,000
↓ $5K (1%)
Price Decreased
Nov 28, 2023 Price Decreased $515,000
↓ $10K (1.9%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,090
  • Total Building Area: 1,586
  • Gross Building Area: 3,180
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000622
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Geography

  • Parcel: FALL M:0X-03 B:0000 L:0030
  • Lot: 30
  • Municipality: FALL RIVER
  • Latitude: 41.7456
  • Longitude: -71.1261

    Address

  • Full Address: 3687 N Main St
  • Address - House Number: 3687
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C047
  • 4-Digit Zip Code: 1661
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $314,800

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 506,267
  • High Value: 551,434
  • Low Value: 461,099

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,600
  • Assessed Land Value: $123,300
  • Assessed Improvements Value: $133,300

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21491
  • Previous Sale Recording Date: Oct 20, 1997
  • Previous Sale Amount: $41,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73176373

Frequently Asked Questions

When was property at 3687 North Main Street built and last sold?
The property at 3687 North Main Street was built in 1900 and last sold on Sep 28, 2020 for $107,500.
How much is this home worth?
The estimated value of the home located at 3687 North Main Street is $454,078.
What are some comparable homes to 3687 North Main Street?
There are currently no comparable homes to 3687 North Main Street.
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