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Fall River 02723
50 Johnson St
$360,000
● House - Off Market

50 Johnson St

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
1 Bath
square feet
914 Ft²
$1,914
Est. Monthly

About This Property

Welcome to 50 Johnson Street. This 3-bedroom home stands as a testament to modern comfort and style. Meticulously renovated, the residence boasts a contemporary aesthetic with a fully modernized kitchen, featuring new appliance, butcher block countertops, and stylish finishes. The open-concept design seamlessly connects the living room and dining room, creating a spacious and inviting atmosphere for both relaxation and entertaining. Large windows allow natural light to flood the interior, enhancing the overall warmth and vibrancy of the home. Convenience meets lifestyle, as this property is located in the heart of Fall River, offering easy access to the city's amenities. Enjoy the bustling energy of the city with shops, parks, restaurants, and many other cultural attractions.
Unit Size
914 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$383
Property Type
House
Property Taxes
$195
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 #73181736)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Feb 19, 2024 In contract -
In contract
Nov 19, 2023 Listed by Re/Max Impact $349,999
Listed by Re/Max Impact
Sep 10, 2021 Sold
Premium
Sold
Jun 28, 2021 Listed by Re/Max Impact $199,999
Listed by Re/Max Impact
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • 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: 512
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,901
  • Total Building Area: 794
  • Gross Building Area: 1,618
  • Building Area: 794
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 794
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000067
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641300

Zoning

  • Zoning: M

Geography

  • Parcel: FALL M:0L-02 B:0000 L:0005
  • Lot: 5
  • Municipality: FALL RIVER
  • Latitude: 41.6993
  • Longitude: -71.1366

    Address

  • Full Address: 50 Johnson St
  • Address - House Number: 50
  • Address - Street Name: Johnson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C003
  • 4-Digit Zip Code: 1404
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $234,000

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 340,489
  • High Value: 370,854
  • Low Value: 310,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,700
  • Assessed Land Value: $101,300
  • Assessed Improvements Value: $89,400

    Sales

  • Current Sale Contract Date: Mar 29, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3862
  • Previous Sale Recording Date: Sep 10, 2021
  • Previous Sale Contract Date: Sep 10, 2021
  • Previous Sale Amount: $196,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73181736

Frequently Asked Questions

When was property at 50 Johnson Street built and last sold?
The property at 50 Johnson Street was built in 1900 and last sold on Mar 29, 2024 for $360,000.
How much is this home worth?
The estimated value of the home located at 50 Johnson Street is $341,973.
What are some comparable homes to 50 Johnson Street?
There are currently no comparable homes to 50 Johnson Street.
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