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Fall River 02723
385 Eddy St
$375,000
● House - Off Market

385 Eddy St

Fall River, MA 02723
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$373,605
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to this cute 2 bedroom, 2 bathroom, single family Bungalow. Home offers a beautifully remodeled kitchen with ganite countertops, a spacious island, and recessed listing. Additional features include central air conditioning, a finished basement, a fully fenced in yard, and off street parking. Roof and heating system 5 years old. Don't miss out on the opportunity to own this charming home in a desirable location.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$269
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1926

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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 #73153595)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 12, 2023 In contract -
In contract
Aug 30, 2023 Listed by Equity Real Estate $375,000
Listed by Equity Real Estate
Sep 4, 2018 Sold
Premium
Sold
Apr 9, 2018 Listed by Equity Real Estate $139,900
Listed by Equity Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 948
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,095
  • Total Building Area: 1,392
  • Gross Building Area: 2,988
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0L-15 B:0000 L:0033
  • Lot: 33
  • Municipality: FALL RIVER
  • Latitude: 41.7034
  • Longitude: -71.1335

    Address

  • Full Address: 385 Eddy St
  • Address - House Number: 385
  • Address - Street Name: Eddy
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C008
  • 4-Digit Zip Code: 2318
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $311,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 365,595
  • High Value: 440,962
  • Low Value: 290,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,100
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $151,800

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14307
  • Previous Sale Recording Date: Sep 04, 2018
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

2696 ft²

Average Home Age

86.5 years

Currently For Sale

215 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# 73153595

Frequently Asked Questions

When was property at 385 Eddy Street built and last sold?
The property at 385 Eddy Street was built in 1926 and last sold on Oct 20, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 385 Eddy Street is $377,436.
What are some comparable homes to 385 Eddy Street?
There are currently no comparable homes to 385 Eddy Street.
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