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Fall River 02720
57 Florence Street
$360,000
● House - Off Market

57 Florence Street

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$378,503
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

An immaculate one owner home. This home has been well taken care of since the day it was built. The upper level offers you hardwood floors running throughout 3 good sized bedrooms. A recently updated kitchen that shows no signs of age with granite countertops. Off the first floor you have a great deck for entertaining your guests or enjoying a nice summer night  When you head on downstairs you have a fully finished basement with a kitchen and a bedroom. This space could be used as an in-law set up or just a great space for entertaining guests.
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$145
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1993

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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 #72698633)

Price History

Date / Event Date Event Price
Sep 3, 2020 Sold
Premium
Sold
Jul 27, 2020 Listed by revolv Real Estate $280,000
Listed by revolv Real Estate
Aug 23, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 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: 3
  • Basement Area: 1,320
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,602
  • Total Building Area: 2,200
  • Gross Building Area: 2,375
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NARRAGANSETT MILLS
  • Land Acres: 0000000129
  • 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:0S-06 B:0000 L:0047
  • Lot: 47
  • Municipality: FALL RIVER
  • Latitude: 41.7208
  • Longitude: -71.1423

    Address

  • Full Address: 57 Florence St
  • Address - House Number: 57
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C025
  • 4-Digit Zip Code: 3906
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,100

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 485,246
  • High Value: 598,429
  • Low Value: 372,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,300
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $345,900

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15528
  • Previous Sale Recording Date: Aug 23, 1993
  • Previous Sale Amount: $111,000
  • 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

2652 ft²

Average Home Age

86.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72698633

Frequently Asked Questions

When was property at 57 Florence Street built and last sold?
The property at 57 Florence Street was built in 1993 and last sold on Sep 2, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 57 Florence Street is $298,320.
What are some comparable homes to 57 Florence Street?
There are currently no comparable homes to 57 Florence Street.
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