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Fall River 02721
376 Manchester
$500,000
● House - Off Market

376 Manchester

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$503,522
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This nearly new raised ranch is a dream! You are immediately greeted by a grand open foyer exaggerated by amazing cathedral ceiling, sparkling wood floors & staircase. All appliances will remain in the beautiful eat-in kitchen. The 3  bedrooms are spacious with generous closet space, and the master bedroom features a lovely master bath, the seller will leave his 75" wall mounted television. The lower level offers so much space. It is tastefully finished complete with a full bath w/ laundry closet (the washer & dryer will stay).
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$236
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
2021

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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 months ago (MLSPIN #73075142)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Feb 13, 2023 In contract -
In contract
Jan 31, 2023 Listed by Cedar Ridge Custom Homes & Rlty $494,900
Listed by Cedar Ridge Custom Homes & Rlty
May 31, 2022 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 832
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,981
  • Gross Building Area: 2,532
  • Building Area: 1,981
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,981
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640600

Zoning

  • Zoning: A-3

Geography

  • Parcel: FALL M:0F-19 B:0000 L:0101
  • Lot: 101
  • Municipality: FALL RIVER
  • Latitude: 41.6889
  • Longitude: -71.1531

    Address

  • Full Address: 376 Manchester St
  • Address - House Number: 376
  • Address - Street Name: Manchester
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C036
  • 4-Digit Zip Code: 3930
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $566,000

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 519,245
  • High Value: 613,944
  • Low Value: 424,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,300
  • Assessed Land Value: $85,600
  • Assessed Improvements Value: $375,700

    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: 4795
  • Previous Sale Recording Date: May 31, 2022
  • Previous Sale Contract Date: May 27, 2022
  • Previous Sale Amount: $480,000
  • 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:

$500,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2597 ft²

Average Home Age

84.7 years

Currently For Sale

207 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 months ago
Data Source: MLS PIN, MLS# 73075142

Frequently Asked Questions

When was property at 376 Manchester Street built and last sold?
The property at 376 Manchester Street was built in 2021 and last sold on Apr 3, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 376 Manchester Street is $504,046.
What are some comparable homes to 376 Manchester Street?
There are currently no comparable homes to 376 Manchester Street.
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