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Fall River 02723
431 North Eastern Avenue
$251,000
● House - Off Market

431 North Eastern Avenue

Fall River, MA 02723
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$428,156
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

If you're looking for a one level, 2 bedroom ranch with new kitchen, heating system, hardwoods, bathroom and vinyl siding, that you can move right into, then don't miss out on this home on a manicured corner lot with fenced backyard, patio and attached one car garage. Location, location, location!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$264
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1961

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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 #72017729)

Price History

Date / Event Date Event Price
Oct 14, 2016 Sold
Premium
Sold
Jun 6, 2016 Listed by RE/MAX Right Choice $253,900
Listed by RE/MAX Right Choice
Sep 14, 2012 Sold
Premium
Sold
Jul 27, 2012 Listed by RE/MAX Right Choice $250,000
Listed by RE/MAX Right Choice
Aug 25, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,060
  • Total Building Area: 2,121
  • Gross Building Area: 2,628
  • Building Area: 2,121
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,121
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0L-17 B:0000 L:0101
  • Lot: 101
  • Municipality: FALL RIVER
  • Latitude: 41.7029
  • Longitude: -71.1278

    Address

  • Full Address: 431 N Eastern Ave
  • Address - House Number: 431
  • Street Direction: N
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C007
  • 4-Digit Zip Code: 3616
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,200

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 456,592
  • High Value: 546,397
  • Low Value: 366,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,800
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $237,800

    Sales

  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18148
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Contract Date: Sep 14, 2012
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72017729

Frequently Asked Questions

When was property at 431 North Eastern Avenue built and last sold?
The property at 431 North Eastern Avenue was built in 1961 and last sold on Jan 1, 1970 for $251,000.
How much is this home worth?
The estimated value of the home located at 431 North Eastern Avenue is $256,719.
What are some comparable homes to 431 North Eastern Avenue?
There are currently no comparable homes to 431 North Eastern Avenue.
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