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Fall River 02720
47 Banville St
$565,000
● House - Off Market

47 Banville St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$3,233
Est. Monthly

About This Property

LOCATION !!!  Welcome this Meridian St. Area,  Remodeled high efficient SMART HOME that is the last house on a dead end just 3 min.away from the MBTA COMMUTER RAIL station. Not one surface untouched, cathedral ceilings throughout, brilliant (smart) lighting, KITCHEN-HUB, state of the art, MEILE espresso station, CELLARPRO whinge fridge, THERMADOR AND VIKING appliances..Home has a Walk-in Closet that one could dream about, bright custom shower, modern handrails overlooking an super modern FIREplace. Backyard is an oasis.Partial finished basement w/ walkout to add endless opportunities, easy on, easy off to all major highways and up-coming Rt 79 attractions..THIS HOUSE IN THIS LOCATION WON'T LAST LONG.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$341
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1993

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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: 6 months ago (MLSPIN #73254057)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Premium
Sold
Sep 17, 2024 In contract -
In contract
Sep 14, 2024 Price Decreased $589,900
↓ $10K (1.7%)
Price Decreased
Aug 16, 2024 Price Increased $599,900
↑ $10K (1.7%)
Price Increased
Jun 26, 2024 Listed by Amaral & Associates RE $589,900
Listed by Amaral & Associates RE
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,936
  • Total Building Area: 1,488
  • Gross Building Area: 3,070
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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:0V-06 B:0000 L:0019
  • Lot: 19
  • Municipality: FALL RIVER
  • Latitude: 41.7373
  • Longitude: -71.1118

    Address

  • Full Address: 47 Banville St
  • Address - House Number: 47
  • Address - Street Name: Banville
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C024
  • 4-Digit Zip Code: 4665
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,000

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 447,768
  • High Value: 522,578
  • Low Value: 372,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,000
  • Assessed Land Value: $119,800
  • Assessed Improvements Value: $215,200

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18139
  • Previous Sale Recording Date: Feb 24, 2022
  • Previous Sale Contract Date: Dec 30, 2021
  • Previous Sale Amount: $294,100
  • Previous Sale Document Type: 34
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:

$514,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2659 ft²

Average Home Age

84.8 years

Currently For Sale

203 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: 6 months ago
Data Source: MLS PIN, MLS# 73254057

Frequently Asked Questions

When was property at 47 Banville Street built and last sold?
The property at 47 Banville Street was built in 1993 and last sold on Oct 14, 2022 for $320,100.
How much is this home worth?
The estimated value of the home located at 47 Banville Street is $571,570.
What are some comparable homes to 47 Banville Street?
There are currently no comparable homes to 47 Banville Street.
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