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Fall River 02720
438 Nichols St
$220,000
● House - Off Market

438 Nichols St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,275 Ft²
$418,607
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Attractive 3 bedroom, 1 1/2 bath Cape style home with an eat in kitchen,living areas, a wide open basement with a laundry area. This beautiful home is in a desirable family friendly location, near elementary,middle and high schools and fast easy access to highways.  This home also has a new roof, new vinyl siding and replacement windows,and 100 amp electric service.It also features a large fenced in backyard with an inviting above ground swimming pool.   Priced to sell, OPEN HOUSE 9/7/14 12-2
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$176
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71731238)

Price History

Date / Event Date Event Price
Sep 30, 2014 Sold
Premium
Sold
Aug 19, 2014 Listed by Amaral & Associates RE $224,900
Listed by Amaral & Associates RE
Aug 10, 2009 Sold
Premium
Sold
Jun 3, 2009 Listed by Amaral & Associates RE $244,000
Listed by Amaral & Associates RE

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,131
  • Total Building Area: 1,265
  • Gross Building Area: 2,448
  • Building Area: 1,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,265
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-06 B:0000 L:0016
  • Lot: 16
  • Municipality: FALL RIVER
  • Latitude: 41.7203
  • Longitude: -71.1289

    Address

  • Full Address: 438 Nichols St
  • Address - House Number: 438
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 7310
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $380,500

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 411,821
  • High Value: 491,959
  • Low Value: 331,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,100
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $195,800

    Sales

  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13893
  • Previous Sale Recording Date: Aug 10, 2009
  • Previous Sale Amount: $220,000
  • 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

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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# 71731238

Frequently Asked Questions

When was property at 438 Nichols Street built and last sold?
The property at 438 Nichols Street was built in 1975 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 438 Nichols Street is $232,676.
What are some comparable homes to 438 Nichols Street?
There are currently no comparable homes to 438 Nichols Street.
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