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Fall River 02720
5075 North Main Street
$485,000
● House - Off Market

5075 North Main Street

Fall River, MA 02720
bedrooms
7 Beds
bathrooms
2 Baths
square feet
3,566 Ft²
$655,622
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Wonderful thirty five hundred square foot Victorian in a great neighborhood. Walk into the front door and enter the beautiful grand foyer that leads to the dining room and a large formal living room with a wood burning fireplace. There is a 24 x 26 family room off the kitchen with sliders to the back yard that offers a gorgeous inground pool and your own private summer paradise! The second level of the home contains a large laundry room, a den, three bedrooms and a full bath. There are four additional bedrooms on the third level of the home offering plenty of room for the growing family. The home also offers hardwood floors, a lovely covered front porch, new windows and an updated heating system. Also, there is a spacious two story barn with electric at the south side of the parcel.
Unit Size
3,566 Ft²
Days on Market
-
Land Size
1.38 acres
Price per sqft
$136
Property Type
House
Property Taxes
$393
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 #72625453)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Feb 26, 2020 Listed by Cherry Grove Real Estate $485,000
Listed by Cherry Grove Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,138
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 60,209
  • Total Building Area: 3,460
  • Gross Building Area: 5,440
  • Building Area: 3,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001382
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: B

Geography

  • Parcel: FALL M:0X-11 B:0000 L:0012
  • Lot: 12
  • Municipality: FALL RIVER
  • Latitude: 41.7601
  • Longitude: -71.1112

    Address

  • Full Address: 5075 N Main St
  • Address - House Number: 5075
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C045
  • 4-Digit Zip Code: 7934
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $707,500

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 695,009
  • High Value: 807,894
  • Low Value: 582,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $576,600
  • Assessed Land Value: $140,500
  • Assessed Improvements Value: $436,100

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17821
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72625453

Frequently Asked Questions

When was property at 5075 North Main Street built and last sold?
The property at 5075 North Main Street was built in 1900 and last sold on Sep 30, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 5075 North Main Street is $489,850.
What are some comparable homes to 5075 North Main Street?
There are currently no comparable homes to 5075 North Main Street.
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