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Fall River 02720
387 Albany Street
$408,000
● House - Off Market

387 Albany Street

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,614 Ft²
$650,451
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Frank Lloyd Wright inspired contemporary designed ranch in the Highlands! This home offers spectacular natural lighting with its floor to ceiling glass windows, open floor concept living and dining with grand stone fireplace as a master piece! New 5 year old roof, updated electrical and freshly painted exterior. Ample closet and storage space throughout the house. Spacious master suite with private bath and shower. The two additional bedrooms are equally delightful with abundant closet space. Generous size kitchen equipped with stainless steel appliances, marble flooring and laundry area. Partially finished basement with knotty pine bar. Two zones central heating and cooling, 2 car garage, and more amenities! Easy access to highways, yet in a quiet neighborhood.  Come see it for yourself!
Unit Size
3,614 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$119
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72325355)

Price History

Date / Event Date Event Price
Jul 27, 2018 Sold
Premium
Sold
May 11, 2018 Listed by Century 21 Butterman & Kryston, Inc. $429,900
Listed by Century 21 Butterman & Kryston, Inc.
Feb 1, 2011 Sold
Premium
Sold
Apr 26, 2010 Listed by Century 21 Butterman & Kryston, Inc. $414,900
Listed by Century 21 Butterman & Kryston, Inc.
Jun 23, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,614
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,497
  • Total Building Area: 4,575
  • Gross Building Area: 5,968
  • Building Area: 4,575
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,575
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 11593J
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-03 B:0000 L:0106
  • Lot: 106
  • Municipality: FALL RIVER
  • Latitude: 41.7211
  • Longitude: -71.1317

    Address

  • Full Address: 387 Albany St
  • Address - House Number: 387
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 6305
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,600

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 664,830
  • High Value: 783,689
  • Low Value: 545,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,000
  • Assessed Land Value: $123,700
  • Assessed Improvements Value: $359,300

    Sales

  • Current Sale Recording Date: Jul 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49973
  • Previous Sale Recording Date: Feb 01, 2011
  • Previous Sale Amount: $360,000
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72325355

Frequently Asked Questions

When was property at 387 Albany Street built and last sold?
The property at 387 Albany Street was built in 1956 and last sold on Jan 1, 1970 for $408,000.
How much is this home worth?
The estimated value of the home located at 387 Albany Street is $463,307.
What are some comparable homes to 387 Albany Street?
There are currently no comparable homes to 387 Albany Street.
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