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Fall River 02721
478 3rd St
$373,000
● House - Off Market

478 3rd St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,156 Ft²
$347,045
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Check out this priced to move Fall River single family home. This 3 bedroom/2 full bath delivers with everything a new homeowner could ask for. Including off street parking, partially finished basement, solar panels and outside deck with hot tub. Newly renovated with many updates: eat in kitchen, dining area, oversized bedrooms, walk in closet, modern bathrooms and jet tub. Located close to parks, stores, schools and highways.
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$162
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1900

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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 #73117205)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jun 15, 2023 In contract -
In contract
May 30, 2023 Listed by Lion Gate Real Estate, Inc. $349,000
Listed by Lion Gate Real Estate, Inc.
Dec 18, 2020 Sold
Premium
Sold
Sep 28, 2020 Listed by Lion Gate Real Estate, Inc. $284,900
Listed by Lion Gate Real Estate, Inc.
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 625
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,546
  • Total Building Area: 2,156
  • Gross Building Area: 2,520
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640901

Zoning

  • Zoning: A-2

Geography

  • Parcel: FALL M:0I-11 B:0000 L:0073
  • Lot: 73
  • Municipality: FALL RIVER
  • Latitude: 41.6957
  • Longitude: -71.1576

    Address

  • Full Address: 478 3rd St
  • Address - House Number: 478
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C010
  • 4-Digit Zip Code: 1932
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 405,681
  • High Value: 488,187
  • Low Value: 323,175

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,000
  • Assessed Land Value: $79,100
  • Assessed Improvements Value: $212,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10619
  • Previous Sale Recording Date: Dec 18, 2020
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Amount: $275,000
  • 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

2674 ft²

Average Home Age

86.3 years

Currently For Sale

214 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# 73117205

Frequently Asked Questions

When was property at 478 3rd Street built and last sold?
The property at 478 3rd Street was built in 1900 and last sold on Jul 31, 2023 for $373,000.
How much is this home worth?
The estimated value of the home located at 478 3rd Street is $364,844.
What are some comparable homes to 478 3rd Street?
There are currently no comparable homes to 478 3rd Street.
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