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Fall River 02721
491 Warren Street
$300,000
● House - Off Market

491 Warren Street

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$398,350
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

This completely remodeled home with a 2 car lofted garage and a large yard also features a new heating system, electrical panel, roof, windows, kitchen cabinets, granite countertops, stainless steel dish washer, cooking stove, microwave and refrigerator. Original Hardwood floors and cornice pieces on the exterior were restored to preserve the character of this home. Don't miss out on this one.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$175
Property Type
House
Property Taxes
$206
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 #72638039)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Mar 26, 2020 Listed by Highland Real Estate Group $297,900
Listed by Highland Real Estate Group
Jul 23, 2018 Sold
Premium
Sold
Oct 18, 2017 Listed by Highland Real Estate Group $105,900
Listed by Highland Real Estate Group
Jun 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 1
  • 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: 874
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,761
  • Total Building Area: 1,355
  • Gross Building Area: 2,831
  • Building Area: 1,355
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,355
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640600

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0F-13 B:0000 L:0034
  • Lot: 34
  • Municipality: FALL RIVER
  • Latitude: 41.6873
  • Longitude: -71.1508

    Address

  • Full Address: 491 Warren St
  • Address - House Number: 491
  • Address - Street Name: Warren
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C036
  • 4-Digit Zip Code: 3745
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,200

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 375,611
  • High Value: 449,136
  • Low Value: 302,085

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,300
  • Assessed Land Value: $86,800
  • Assessed Improvements Value: $181,500

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18597
  • Previous Sale Recording Date: Jul 23, 2018
  • Previous Sale Amount: $130,000
  • 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

2652 ft²

Average Home Age

86.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72638039

Frequently Asked Questions

When was property at 491 Warren Street built and last sold?
The property at 491 Warren Street was built in 1900 and last sold on Oct 9, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 491 Warren Street is $304,471.
What are some comparable homes to 491 Warren Street?
There are currently no comparable homes to 491 Warren Street.
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