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Fall River 02720
37 Herman St
$330,000
● House - Off Market

37 Herman St

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,957 Ft²
$343,109
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

*BOM* Buyer financing fell through! Motivated Sellers! Home has already appraised at more than listing price! Large 4 bedroom single family home with potential to convert to a two family investment. In addition to 2 bedrooms and 1 bath on each floor, you will also find that each level also has it's own dining space and living room. A partially finished basement, paved driveway with car port and additional  parking in rear of house adds even more to this property. All of this on a wonderful fenced in yard on a quiet Dead End.  Loads of possibilities for this fantastic home on a spacious corner lot!
Unit Size
1,957 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$169
Property Type
House
Property Taxes
$243
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 #72969111)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by High Pointe Properties $329,900
Listed by High Pointe Properties
Dec 7, 2018 Sold
Premium
Sold
Oct 4, 2018 Listed by High Pointe Properties $174,900
Listed by High Pointe Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 832
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,182
  • Total Building Area: 1,957
  • Gross Building Area: 2,864
  • Building Area: 1,957
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,957
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642200

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0T-13 B:0000 L:0025
  • Lot: 25
  • Municipality: FALL RIVER
  • Latitude: 41.732
  • Longitude: -71.1357

    Address

  • Full Address: 37 Herman St
  • Address - House Number: 37
  • Address - Street Name: Herman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C025
  • 4-Digit Zip Code: 1407
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $316,700

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 348,197
  • High Value: 379,245
  • Low Value: 317,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,100
  • Assessed Land Value: $107,000
  • Assessed Improvements Value: $151,100

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17299
  • Previous Sale Recording Date: Dec 07, 2018
  • Previous Sale Contract Date: Dec 05, 2018
  • Previous Sale Amount: $175,000
  • 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

2674 ft²

Average Home Age

86.3 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# 72969111

Frequently Asked Questions

When was property at 37 Herman Street built and last sold?
The property at 37 Herman Street was built in 1930 and last sold on Sep 30, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 37 Herman Street is $334,099.
What are some comparable homes to 37 Herman Street?
There are currently no comparable homes to 37 Herman Street.
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