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Fall River 02723
461 N Eastern Ave
$206,000
● House - Off Market

461 N Eastern Ave

Fall River, MA 02723
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,351 Ft²
$362,626
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

A well built ranch style home with an open floor plan. 2 bedroom, 1 bath, family room, living room, eat in kitchen, corner lot fenced in yard with an above ground pool for your summer fun activities. The property also features an ample space attached 1 car garage and if your in need of more space for the 2nd vehicle it comes with a carport   Easy access to bus route restaurants medical facilities and highway's. the lower level is partially finished offering many more possibilities for additional living space like a "Man Cave". This is a must see, not just a drive by.
Unit Size
1,351 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$156
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1952

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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 #71944569)

Price History

Date / Event Date Event Price
Apr 15, 2016 Sold
Premium
Sold
Jan 2, 2016 Listed by Alberto Real Estate $210,500
Listed by Alberto Real Estate
Sep 9, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,351
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,204
  • Total Building Area: 1,351
  • Gross Building Area: 3,206
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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:0100
  • Lot: 100
  • Municipality: FALL RIVER
  • Latitude: 41.7032
  • Longitude: -71.1275

    Address

  • Full Address: 461 N Eastern Ave
  • Address - House Number: 461
  • Street Direction: N
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C007
  • 4-Digit Zip Code: 3612
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,200

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 414,173
  • High Value: 494,992
  • Low Value: 333,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,300
  • Assessed Land Value: $121,100
  • Assessed Improvements Value: $191,200

    Sales

  • Current Sale Recording Date: Apr 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6074
  • Previous Sale Recording Date: Sep 09, 1986
  • Previous Sale Amount: $90,000
  • 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

70

Average Home Size

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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# 71944569

Frequently Asked Questions

When was property at 461 North Eastern Avenue built and last sold?
The property at 461 North Eastern Avenue was built in 1952 and last sold on Jan 1, 1970 for $206,000.
How much is this home worth?
The estimated value of the home located at 461 North Eastern Avenue is $221,008.
What are some comparable homes to 461 North Eastern Avenue?
There are currently no comparable homes to 461 North Eastern Avenue.
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