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Fall River 02721
43 Commonwealth Ave.
$385,000
● House - Off Market

43 Commonwealth Ave.

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,190 Ft²
$380,537
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this well maintained & nicely decorated ranch located in Commonwealth Estates. The open floor plan adds to the spacious single level of this home. The home features central a/c, maple cabinetry, granite counters, kitchen island, recessed lighting & cathedral ceilings. Living, dining & kitchen areas are all part of the open floor concept. 3 large bedrooms all with plenty of closet space. Full bath with double sink & granite vanity, tiled tub & shower with tiled floor. Full basement with laundry area just waiting to be finished. Home is nicely set on a cul de sac.
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$319
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
2012

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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 #73104021)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 4, 2023 In contract -
In contract
Apr 27, 2023 Listed by Prestige Realty Experts Inc. $379,900
Listed by Prestige Realty Experts Inc.
Jun 15, 2018 Sold
Premium
Sold
Feb 28, 2018 Listed by Prestige Realty Experts Inc. $245,000
Listed by Prestige Realty Experts Inc.
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,190
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,190
  • Gross Building Area: 2,380
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: FALL M:0D-15 B:0000 L:0044
  • Lot: 44
  • Municipality: FALL RIVER
  • Latitude: 41.665
  • Longitude: -71.1571

    Address

  • Full Address: 43 Commonwealth Ave
  • Address - House Number: 43
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 3130
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,300

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 414,575
  • High Value: 498,890
  • Low Value: 330,261

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,100
  • Assessed Land Value: $98,100
  • Assessed Improvements Value: $251,000

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8427
  • Previous Sale Recording Date: Jun 15, 2018
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: O

    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

2652 ft²

Average Home Age

86.8 years

Currently For Sale

214 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: 4 months ago
Data Source: MLS PIN, MLS# 73104021

Frequently Asked Questions

When was property at 43 Commonwealth Avenue built and last sold?
The property at 43 Commonwealth Avenue was built in 2012 and last sold on Jun 16, 2023 for $385,000.
How much is this home worth?
The estimated value of the home located at 43 Commonwealth Avenue is $372,872.
What are some comparable homes to 43 Commonwealth Avenue?
There are currently no comparable homes to 43 Commonwealth Avenue.
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