$315,000
●
Multifamily -
Off Market
561-565 Division Street
Fall River, MA 02721
7 Beds
2 Baths
3,749 Ft²
$477,115
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Beautifully maintained 2 Family with off street parking for 4
vehicles, a large back yard perfect for entertaining or just
relaxing under the shaded trees. SPACIOUS units with renovated
baths and kitchens. Each unit offers a Jacuzzi with separate
shower, an open floor plan, high ceilings, tile and wood flooring.
The 1st floor has 4 bedrooms and the 2nd has 3 bedrooms with the
master having a walk in closet. Electric and plumbing have
been updated, new water heaters in 2017. Walk up attic offers extra
storage with the potential of a 3rd unit. Both units rented,
no leases in place, easy access to highways.
Unit Size
3,749 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$84
Property Type
Multifamily
Property Taxes
$284
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72367763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2018 | Sold | ||
| Sold | |||
| Jul 24, 2018 | Listed by Michael Haikal Real Estate | $315,000 | |
| Listed by Michael Haikal Real Estate | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Bathroom with Shower Stall, Open Floor Plan), Unit 2(Walk-In Closet, Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room)
Appliances: Unit 1(Range, Dishwasher, Refrigerator, Vent Hood), Unit 2(Range, Dishwasher, Refrigerator, Vent Hood), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Parquet, Unit 1(undefined), Unit 2(Tile Floor, Wood Flooring)
Laundry Features: Laundry Room, Washer Hookup
Rooms: 17
Has Fireplace
Fireplace Features: Unit 1(Fireplace - Electric)
Fireplaces: 1
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: R-4
Parcel Number: 2825846
Water Source: Public
Financial Details
Tax Map Number: 0G-05
Tax Assessed Value: $232,800
Tax Annual Amount: $3,404
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Unit 1(Window AC), Unit 2(Window AC)
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
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 |
|---|---|---|---|---|---|---|---|
|
07/24/2018
| |
7 Bed
|
2 Bath
|
3749 ft²
|
$315,000
7 Bed
2 Bath
3749 ft²
|
$315,000
10/16/2018
|
David Teixeira
Michael Haikal Real Estate
|
|
07/01/2008
| |
8 Bed
|
2 Bath
|
3982 ft²
|
$299,000
8 Bed
2 Bath
3982 ft²
|
$280,000
-6.35%
08/04/2008
|
Silverio Pavao
Ponte & Associates Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017