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Fall River 02720
51 Montgomery St
$405,000
● House - Off Market

51 Montgomery St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,134 Ft²
$2,257
Est. Monthly

About This Property

Welcome to the Highlands, one of the most sought-after neighborhoods in Fall River. This ranch consist of 3 very well sized bedrooms and 1 full bathroom that are on the same level. Downstairs is mostly finished with a lot of room for expansion, storage and access to the back yard.  51 Montgomery has been meticulously cared for and you should enjoy every feature and amenity it offers including the stainless-steel appliances, beautiful lvp flooring, 1 yr old central ac, 5 yr old roof, solar panels to reduce the cost of electricity, 1 car garage that is attached to the house, large fenced in back yard, water views of the bay & the gorgeous sunsets.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$348
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1968

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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 #73177724)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Nov 16, 2023 In contract -
In contract
Nov 6, 2023 Listed by eXp Realty $395,000
Listed by eXp Realty
Nov 2, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by eXp Realty $319,900
Listed by eXp Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,134
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,232
  • Total Building Area: 1,701
  • Gross Building Area: 2,592
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642200

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0T-07 B:0000 L:0019
  • Lot: 19
  • Municipality: FALL RIVER
  • Latitude: 41.726
  • Longitude: -71.1391

    Address

  • Full Address: 51 Montgomery St
  • Address - House Number: 51
  • Address - Street Name: Montgomery
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C025
  • 4-Digit Zip Code: 4219
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $376,100

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 403,186
  • High Value: 439,138
  • Low Value: 367,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,500
  • Assessed Land Value: $108,300
  • Assessed Improvements Value: $198,200

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17408
  • Previous Sale Recording Date: Nov 02, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $321,900
  • 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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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# 73177724

Frequently Asked Questions

When was property at 51 Montgomery Street built and last sold?
The property at 51 Montgomery Street was built in 1968 and last sold on Dec 18, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 51 Montgomery Street is $391,515.
What are some comparable homes to 51 Montgomery Street?
There are currently no comparable homes to 51 Montgomery Street.
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