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$480,000
● Multifamily - Off Market

57 Whipple

Fall River, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
3,210 Ft²
$483,832
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Maintenance free 3 family home is ready for new owners to enjoy the freedom of home ownership. This property has been lovingly cared for and thoroughly updated by the same owners for over 30 years now. New roof and vinyl siding done within last 5 years. The 1st and 2nd floor units have a double living room with pocket doors that could easily be converted to a 3rd bedroom. 3rd floor 2 bedroom is spacious and modern with deep closets and a huge bathroom. Even the basement is clean and organized.Home has all separate utilities, a nice spacious back yard and private parking make this a great investment deal.
Unit Size
3,210 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$134
Property Type
Multifamily
Property Taxes
$332
HOA Dues
-
Year Built
-

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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: 5 years ago (MLSPIN #72878216)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Aug 6, 2021 Listed by Right Realty, Inc. $429,900
Listed by Right Realty, Inc.

Property Highlights

Parking Details
Parking Features: Paved Drive, Paved
Interior Details
Full Bathrooms: 3
Appliances: Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Carpet, Hardwood
Laundry Features: Laundry Room
Rooms: 17
Basement: Full, Interior Entry, Bulkhead, Unfinished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: res
Parcel Number: 2827979
Water Source: Public
Financial Details
Tax Assessed Value: $288,000
Tax Annual Amount: $3,983
Utilities Details
Utilities: for Gas Range
Heating Type: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Forced Air, Gas)
Sewer : Public Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72878216
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