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Fall River 02724
559 Ridge St
$207,500
● House - Off Market

559 Ridge St

Fall River, MA 02724
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,289 Ft²
$339,157
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Double Lot over sized Colonial four bedrooms, two full baths with ceramic tile, formal dining room, eat-in tiled kitchen. The partially finished basement features a second kitchen family room, laundry room and ample storage. Large deck overlooking a meticulously maintained yard complete with various fruit trees and wraparound grapevines. Very large asphalted driveway capable of accommodating up to ten vehicles and concreate slab ready for a custom garage. Owner has survey for possible subdivision of double lot. Must See to appreciate value.
Unit Size
1,289 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$163
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72109520)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by revolv Real Estate $209,900
Listed by revolv Real Estate
Jun 12, 1980 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,103
  • Total Building Area: 1,289
  • Gross Building Area: 2,676
  • Building Area: 1,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,289
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640500

Zoning

  • Zoning: A-3

Geography

  • Parcel: FALL M:0G-11 B:0000 L:0060
  • Lot: 60
  • Municipality: FALL RIVER
  • Latitude: 41.6899
  • Longitude: -71.1628

    Address

  • Full Address: 559 Ridge St
  • Address - House Number: 559
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C095
  • 4-Digit Zip Code: 3420
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,500

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 352,404
  • High Value: 423,815
  • Low Value: 280,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,500
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $152,500

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8179
  • Previous Sale Recording Date: Jun 12, 1980
  • Previous Sale Amount: $22,000
  • 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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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: 4 months ago
Data Source: MLS PIN, MLS# 72109520

Frequently Asked Questions

When was property at 559 Ridge Street built and last sold?
The property at 559 Ridge Street was built in 1930 and last sold on Jan 1, 1970 for $207,500.
How much is this home worth?
The estimated value of the home located at 559 Ridge Street is $216,855.
What are some comparable homes to 559 Ridge Street?
There are currently no comparable homes to 559 Ridge Street.
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