$712,500
●
Multifamily -
Off Market
46 Forest Street
Fall River, MA 02721
12 Beds
6 Baths
5,256 Ft²
$734,437
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
****INVESTORS TAKE NOTICE**** Nothing to do but collect rent!
Currently $6,200 monthly. All units featuring 2 bedrooms,1 bathroom
and a second means of egress that leads out to their own
balcony. This well-maintained vinyl sided 6 family home was
rehabbed less than 7 years ago including a new high efficiency
German boiler system, new electric, new plumbing, sprinkler system,
and all units updated. Other great features are off street parking
for all units, intercom system, and coin op laundry in basement.
Attractive location, close to St. Anne's hospital and new
courthouse. Professionally managed. miss out on this rare
opportunity to create some passive cash flow. It won't last!
Unit Size
5,256 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$129
Property Type
Multifamily
Property Taxes
$447
HOA Dues
-
Year Built
1900
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 years ago (MLSPIN #72904718)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 6
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Propane Water Heater
Laundry Features: Laundry Room
Rooms: 24
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 5-9 Family
Stories (Total): 9
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: A-3
Parcel Number: 2825926
Water Source: Public
Financial Details
Tax Assessed Value: $387,900
Tax Annual Amount: $5,365
Utilities Details
Heating Type: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/06/2021
| |
12 Bed
|
6 Bath
|
5256 ft²
|
$679,000
12 Bed
6 Bath
5256 ft²
|
$712,500
+4.93%
01/04/2022
|
Ron Ifrah
Longwood Residential, LLC
|
|
01/27/2021
| |
2 Bed
|
1 Bath
|
903 ft²
|
$275,000
2 Bed
1 Bath
903 ft²
|
$712,500
+159.09%
01/04/2022
|
Debra Jobin
RE/MAX River's Edge
|
|
10/29/2018
| |
12 Bed
|
6 Bath
|
5256 ft²
|
$449,900
12 Bed
6 Bath
5256 ft²
|
$420,000
-6.65%
01/09/2019
|
Joseph Vasconcellos
Pacheco Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017