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Fall River 02721
392 Detroit
$255,000
● House - Off Market

392 Detroit

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,736 Ft²
$463,900
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Maple Wood Area. Two story colonial with 3 bedrooms 2 full baths hardwood and tile floors. Deck 12x10. Quality Built !! Large master bedroom with 8x8 walk in closet cathedral ceilings central air and a/c recessed lighting. This property has a Huge finished basement with bar, leather recliners and more which will be included in the sale. It also offers a large fenced in (vinyl) yard. Perfect for entertaining and a family.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$149
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
2007

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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: 6 months ago (MLSPIN #71820746)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Apr 20, 2015 Listed by RE/MAX Right Choice $259,000
Listed by RE/MAX Right Choice
Aug 31, 2007 Sold
Premium
Sold
May 15, 2007 Listed by RE/MAX Right Choice $299,900
Listed by RE/MAX Right Choice

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,904
  • Total Building Area: 2,427
  • Gross Building Area: 2,841
  • Building Area: 2,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,427
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Zoning

  • Zoning: IND

Geography

  • Parcel: FALL M:0E-23 B:0000 L:0083
  • Lot: 83
  • Municipality: FALL RIVER
  • Latitude: 41.678
  • Longitude: -71.143

    Address

  • Full Address: 392 Detroit St
  • Address - House Number: 392
  • Address - Street Name: Detroit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C034
  • 4-Digit Zip Code: 4921
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,900

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 481,241
  • High Value: 571,545
  • Low Value: 390,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,300
  • Assessed Land Value: $104,900
  • Assessed Improvements Value: $272,400

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7788
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $290,000
  • 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:

$504,500

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2655 ft²

Average Home Age

84.7 years

Currently For Sale

201 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: 6 months ago
Data Source: MLS PIN, MLS# 71820746

Frequently Asked Questions

When was property at 392 Detroit Street built and last sold?
The property at 392 Detroit Street was built in 2007 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 392 Detroit Street is $272,992.
What are some comparable homes to 392 Detroit Street?
There are currently no comparable homes to 392 Detroit Street.
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