$110,000
●
Multifamily -
Off Market
52 Lyon St
Fall River, MA 02721
6 Beds
2 Baths
2,334 Ft²
$218,879
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
This 2 family has everything done on the outside, vinyl siding,
newer roof, replacement windows. Good size rooms in both units.
Inside needs some repair, fixing broken tiles, broken cabinets,
painting, clean out etc. It has both front and back entries, no
fire escapes. The large driveway fits 4 cars off st. Cute yard in
the back. Plus a walk up attic for additional expansion in the
future.
Unit Size
2,334 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$60
Property Type
Multifamily
Property Taxes
$149
HOA Dues
-
Year Built
1900
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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 #72249589)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Driveway, Paved
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Vinyl
Rooms: 10
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: Unknown
Lot Features: Level
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Zoning: A-2
Parcel Number: M:0I12 B:0000 L:0029, 2828187
Water Source: Public
Financial Details
Tax Assessed Value: $127,700
Tax Annual Amount: $1,788
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Individual), Unit 2(Individual)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2019
| |
6 Bed
|
2 Bath
|
2334 ft²
|
$232,000
6 Bed
2 Bath
2334 ft²
|
$240,000
+3.45%
11/13/2019
|
Alda Moniz
Affordable Real Estate, Inc.
|
|
10/30/2017
| |
6 Bed
|
2 Bath
|
2334 ft²
|
$139,900
6 Bed
2 Bath
2334 ft²
|
$110,000
-21.37%
02/07/2018
|
Karen McLinden
Beautiful Day Real Estate
|
|
04/27/2006
| |
5 Bed
|
2 Bath
|
2822 ft²
|
$249,900
5 Bed
2 Bath
2822 ft²
|
$245,500
-1.76%
05/26/2006
|
Peter Teixeira
Conway - Lakeville
|
|
05/21/2004
| |
5 Bed
|
2 Bath
|
2822 ft²
|
$225,000
5 Bed
2 Bath
2822 ft²
|
$213,000
-5.33%
09/17/2004
|
Karen McLinden
Beautiful Day Real Estate
|
Building Info
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