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Fall River 02724
59 Mount Hope Ave
Photo of 59 Mount Hope Ave
Sold on Dec 29, 2025

16

Map

Photo of 59 Mount Hope Ave
Photo of 59 Mount Hope Ave
$465,000
● House - Off Market

59 Mount Hope Ave

Fall River, MA 02724
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,256 Ft²
$2,548
Est. Monthly

About This Property

Offers due Monday, October 20th, by 5:00. One level living in a fantastic location! This 3-bedroom ranch is light and bright with cathedral ceilings, an open floor plan, and modern updates throughout. Just steps to Mount Hope Bay and Sandy Beach, on a spacious fully fenced-in corner lot! All the big ticket items have been done for you: brand new central air, high efficiency gas furnace, and vinyl replacement windows. Nor'easter? No problem. This home also has a 5000 watt Generac whole house generator. The clean, dry basement has a finished studio room, updated electric, and high ceilings perfect for future additional living space. Large back deck and storage shed too. Gorgeous sunsets year round. No flood insurance required. Open house on Sunday, October 19th, 12:00-1:30.
Unit Size
1,256 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$357
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1986

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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: 10 months ago (MLSPIN #73445194)

Price History

Date / Event Date Event Price
Dec 29, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Oct 17, 2025 Listed by RE/MAX Vantage $449,000
Listed by RE/MAX Vantage
Apr 5, 2021 Sold
Premium
Sold
Feb 17, 2021 Listed by RE/MAX Vantage $320,000
Listed by RE/MAX Vantage

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,137
  • Total Building Area: 1,056
  • Gross Building Area: 2,316
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640300

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0A-15 B:0000 L:0001
  • Lot: 1
  • Municipality: FALL RIVER
  • Latitude: 41.6794
  • Longitude: -71.1932

    Address

  • Full Address: 59 Mount Hope Ave
  • Address - House Number: 59
  • Address - Street Name: Mount Hope
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C086
  • 4-Digit Zip Code: 1005
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,600

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 418,370
  • High Value: 499,309
  • Low Value: 337,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,600
  • Assessed Land Value: $104,600
  • Assessed Improvements Value: $208,000

    Sales

  • Current Sale Contract Date: Apr 02, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7522
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

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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: 10 months ago
Data Source: MLS PIN, MLS# 73445194

Frequently Asked Questions

When was property at 59 MT Hope Avenue built and last sold?
The property at 59 MT Hope Avenue was built in 1986 and last sold on Apr 2, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 59 MT Hope Avenue is $0.
What are some comparable homes to 59 MT Hope Avenue?
There are currently no comparable homes to 59 MT Hope Avenue.
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