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Fall River 02720
500 Cypress St
$265,000
● House - Off Market

500 Cypress St

Fall River, MA 02720
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,106 Ft²
$365,795
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Don't miss out on this adorable 2 Bed 1.5 Bath home located at the dead end of Cypress st in the New boston rd Highland neighborhood .There are many upgrades and updates starting with new windows,newer roof, central air and updated kitchen with new stainless appliances, granite and a gorgeous tiled bathroom. The owners have maintained their property very well over the 28yrs of ownership and there is nothing to do, it's move in ready!.
Unit Size
1,106 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$226
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1987

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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: 5 months ago (MLSPIN #72566325)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Sep 17, 2019 Listed by RE/MAX Right Choice $249,900
Listed by RE/MAX Right Choice
May 7, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,221
  • Total Building Area: 1,260
  • Gross Building Area: 1,420
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW BOSTON ROAD PARK
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642400

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-13 B:0000 L:0005
  • Lot: 5
  • Municipality: FALL RIVER
  • Latitude: 41.7117
  • Longitude: -71.1305

    Address

  • Full Address: 500 Cypress St
  • Address - House Number: 500
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C027
  • 4-Digit Zip Code: 7020
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,100

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 389,067
  • High Value: 468,685
  • Low Value: 309,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,100
  • Assessed Land Value: $113,300
  • Assessed Improvements Value: $190,800

    Sales

  • Current Sale Contract Date: Nov 07, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20067
  • Previous Sale Recording Date: May 07, 1991
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: 27
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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2677 ft²

Average Home Age

82.7 years

Currently For Sale

202 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: 5 months ago
Data Source: MLS PIN, MLS# 72566325

Frequently Asked Questions

When was property at 500 Cypress Street built and last sold?
The property at 500 Cypress Street was built in 1987 and last sold on Nov 7, 2019 for $265,000.
How much is this home worth?
The estimated value of the home located at 500 Cypress Street is $256,711.
What are some comparable homes to 500 Cypress Street?
There are currently no comparable homes to 500 Cypress Street.
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