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Fall River 02724
403 King Philip St
$400,000
● House - Off Market

403 King Philip St

Fall River, MA 02724
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,675 Ft²
$2,280
Est. Monthly

About This Property

Pride of ownership rings throughout on this four bedroom, two bathroom, Cape style home. Complete with new windows and roof both replaced in 2024, off street parking and a large backyard. Perfect for entertaining. Enjoy all the oversized rooms this one has to offer. Located in a desirable neighborhood, right across from the park. Just minutes from schools, restaurants, stores and highways.
Unit Size
1,675 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$238
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1952

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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 #73287223)

Price History

Date / Event Date Event Price
Mar 18, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Oct 28, 2024 Price Decreased $399,000
↓ $10K (2.4%)
Price Decreased
Oct 21, 2024 Price Decreased $409,000
↓ $10K (2.4%)
Price Decreased
Oct 14, 2024 Price Decreased $419,000
↓ $10K (2.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,250
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,120
  • Total Building Area: 1,675
  • Gross Building Area: 4,074
  • Building Area: 1,675
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,675
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000301
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640400

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0A-01 B:0000 L:0011
  • Lot: 11
  • Municipality: FALL RIVER
  • Latitude: 41.6839
  • Longitude: -71.1816

    Address

  • Full Address: 403 King Philip St
  • Address - House Number: 403
  • Address - Street Name: King Philip
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C087
  • 4-Digit Zip Code: 1923
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,500

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 372,557
  • High Value: 448,795
  • Low Value: 296,318

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,700
  • Assessed Land Value: $110,600
  • Assessed Improvements Value: $197,100

    Sales

  • Current Sale Recording Date: Mar 04, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 04, 1994
  • Previous Sale Amount: $57,500
  • 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:

$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# 73287223

Frequently Asked Questions

When was property at 403 King Philip Street built and last sold?
The property at 403 King Philip Street was built in 1952 and last sold on Jan 1, 1970 for $57,500.
How much is this home worth?
The estimated value of the home located at 403 King Philip Street is $402,929.
What are some comparable homes to 403 King Philip Street?
There are currently no comparable homes to 403 King Philip Street.
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