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Fall River 02724
396 Clarkson St
$460,000
● House - Off Market

396 Clarkson St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,796 Ft²
$453,403
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

FALL RIVER- WELL MAINTAINED COLONIAL WITH GREAT WATERVIEWS, 3 BEDROOM 2 BATH ONLY 15 YEARS YOUNG,HARDWOODS  FIRST LEVELAND TILED BATHROOMS NICE TREELINED BACKYARD,FULLY APPLIANCED. FIRST SHOWING MARCH 20TH 12 TO 1
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$251
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
2007

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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 #72953075)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Mar 15, 2022 Listed by RE/MAX Right Choice $449,900
Listed by RE/MAX Right Choice
Sep 21, 2007 Sold
Premium
Sold
Jun 13, 2007 Listed by RE/MAX Right Choice $299,900
Listed by RE/MAX Right Choice
Jun 15, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

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: 9
  • Basement Area: 682
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 2,410
  • Gross Building Area: 2,894
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640300

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0A-12 B:0000 L:0016
  • Lot: 16
  • Municipality: FALL RIVER
  • Latitude: 41.6745
  • Longitude: -71.1873

    Address

  • Full Address: 396 Clarkson St
  • Address - House Number: 396
  • Address - Street Name: Clarkson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C091
  • 4-Digit Zip Code: 1614
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,000

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 490,292
  • High Value: 583,146
  • Low Value: 397,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,500
  • Assessed Land Value: $108,600
  • Assessed Improvements Value: $267,900

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8143
  • Previous Sale Recording Date: Sep 21, 2007
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: 27

    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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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: 4 months ago
Data Source: MLS PIN, MLS# 72953075

Frequently Asked Questions

When was property at 396 Clarkson Street built and last sold?
The property at 396 Clarkson Street was built in 2007 and last sold on May 3, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 396 Clarkson Street is $451,135.
What are some comparable homes to 396 Clarkson Street?
There are currently no comparable homes to 396 Clarkson Street.
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