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Fall River 02720
499 Eldridge Street
$240,000
● House - Off Market

499 Eldridge Street

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,028 Ft²
$586,156
RealtyHop Estimate
144.33%
Since Dec 1, 2002
National-US
Primary Model

About This Property

LOVELY DORMERED CAPE WITH COUNTRY CHARM!  MANY NEW IMPROVE- MENTSAND UPDATES, AND LOCATED IN A PRETTY, TREE SHADED LOT!
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$118
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1935

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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 years ago (MLSPIN #30642585)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 3, 2021 Listed by Carol Brannaka REALTORS® $389,900
Listed by Carol Brannaka REALTORS®
Jul 12, 2021 Sold
Premium
Sold
Nov 13, 2002 Sold
Premium
Sold
Aug 31, 2002 Listed by Carol Brannaka REALTORS® $239,900
Listed by Carol Brannaka REALTORS®
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 891
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,064
  • Total Building Area: 1,778
  • Gross Building Area: 3,031
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000139
  • 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:0U-18 B:0000 L:0022
  • Lot: 22
  • Municipality: FALL RIVER
  • Latitude: 41.7242
  • Longitude: -71.1297

    Address

  • Full Address: 499 Eldridge St
  • Address - House Number: 499
  • Address - Street Name: Eldridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C019
  • 4-Digit Zip Code: 6509
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 458,234
  • High Value: 534,793
  • Low Value: 381,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,700
  • Assessed Land Value: $99,000
  • Assessed Improvements Value: $242,700

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30175
  • Previous Sale Recording Date: Jul 12, 2021
  • Previous Sale Contract Date: Jul 12, 2021
  • Previous Sale Amount: $295,000
  • 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:

$500,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2597 ft²

Average Home Age

84.7 years

Currently For Sale

207 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 years ago
Data Source: MLS PIN, MLS# 30642585

Frequently Asked Questions

When was property at 499 Eldridge Street built and last sold?
The property at 499 Eldridge Street was built in 1935 and last sold on Dec 30, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 499 Eldridge Street is $391,305.
What are some comparable homes to 499 Eldridge Street?
There are currently no comparable homes to 499 Eldridge Street.
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