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Fall River 02721
41 Mate Dr
$287,000
● House - Off Market

41 Mate Dr

Fall River, MA 02721
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,432 Ft²
$459,858
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Welcome home to this large raised ranch that is beaming with Pride of Ownership! This meticulously cared for home is located on a dead end street that feels like a suburb but is just minutes from area amenities. The maintenance free vinyl siding is a hassle and headache free feature that will keep your home looking its best for years to come. This home allows you to experience multi level living at its finest with a kitchen and living room on the first level with a walk out slider. Enjoy grilling on your large patio in your spacious back yard which is accented with the many arborvitaes that line the property. On the second level there is a large family/ dining room which is perfect for entertaining guests. The spacious master bedroom is a truly relaxing way to end your long days.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$119
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1996

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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 #72216500)

Price History

Date / Event Date Event Price
Nov 21, 2017 Sold
Premium
Sold
Aug 20, 2017 Listed by Keller Williams South Watuppa $289,900
Listed by Keller Williams South Watuppa
Jul 19, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 3
  • Basement Area: 952
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,814
  • Total Building Area: 2,376
  • Gross Building Area: 3,056
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0C-12 B:0000 L:0051
  • Lot: 51
  • Municipality: FALL RIVER
  • Latitude: 41.6708
  • Longitude: -71.1672

    Address

  • Full Address: 41 Mate Dr
  • Address - House Number: 41
  • Address - Street Name: Mate
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 2372
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,200

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 491,533
  • High Value: 583,768
  • Low Value: 399,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,600
  • Assessed Land Value: $106,100
  • Assessed Improvements Value: $297,500

    Sales

  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20090
  • Previous Sale Recording Date: Jul 19, 1996
  • Previous Sale Amount: $125,000
  • 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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2592 ft²

Average Home Age

86.2 years

Currently For Sale

208 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# 72216500

Frequently Asked Questions

When was property at 41 Mate Drive built and last sold?
The property at 41 Mate Drive was built in 1996 and last sold on Jan 1, 1970 for $287,000.
How much is this home worth?
The estimated value of the home located at 41 Mate Drive is $307,863.
What are some comparable homes to 41 Mate Drive?
There are currently no comparable homes to 41 Mate Drive.
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