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Fall River 02724
566 Bay St
$300,000
● House - Off Market

566 Bay St

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$406,459
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

This 3 bedroom, 2 bath Colonial home is located in Fall River South End minutes to Route 195. Features include a kitchen appliance package, quality kitchen with granite tops, island and pendent lights, central ac, hardwood and tile floors, first floor laundry, lighting allowance, and much more! Lot abuts a wooded area with a stream for a country feel all while being close to highways and shopping. Pictures shown are of a similar home from the same builder. There's still time to select custom finishes and colors. Call for Details
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$171
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
2019

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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 #72609213)

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold
Premium
Sold
Jan 17, 2020 Listed by E Z Home Search Real Estate Inc. $289,900
Listed by E Z Home Search Real Estate Inc.
Jun 12, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 5,532
  • Total Building Area: 1,692
  • Gross Building Area: 2,720
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: IND

Geography

  • Parcel: FALL M:0H-07 B:0000 L:0048
  • Lot: 48
  • Municipality: FALL RIVER
  • Latitude: 41.6924
  • Longitude: -71.177

    Address

  • Full Address: 566 Bay St
  • Address - House Number: 566
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C084
  • 4-Digit Zip Code: 1410
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,800

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 447,508
  • High Value: 534,940
  • Low Value: 360,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,600
  • Assessed Land Value: $85,800
  • Assessed Improvements Value: $293,800

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10331
  • Previous Sale Recording Date: Jun 12, 2018
  • Previous Sale Amount: $427,000
  • 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

70

Average Home Size

2674 ft²

Average Home Age

86.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72609213

Frequently Asked Questions

When was property at 566 Bay Street built and last sold?
The property at 566 Bay Street was built in 2019 and last sold on Jun 19, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 566 Bay Street is $302,560.
What are some comparable homes to 566 Bay Street?
There are currently no comparable homes to 566 Bay Street.
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