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Fall River 02720
593 Elsbree St
$440,000
● House - Off Market

593 Elsbree St

Fall River, MA 02720
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,980 Ft²
$437,547
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Don't miss out on this wonderful 5 Bedroom 2 Bath Raised Ranch on an 1.25 acre lot in the North End.  If you have a large family or looking for a home with an inlaw, look no more.  This property could easily be converted to a spacious inlaw.  The main floor features a vaulted ceiling living room with lots of natural light and beautiful bamboo floors.  The backyard has two decks and overlooks a beautiful backyard with a stream flowing through it. Windows, siding, roof and central a/c were all installed in 2006!
Unit Size
1,980 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$215
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1987

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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 #72940228)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Feb 7, 2022 Listed by Keller Williams South Watuppa $424,900
Listed by Keller Williams South Watuppa
Jul 30, 2007 Sold
Premium
Sold
Feb 14, 2007 Listed by Keller Williams South Watuppa $249,900
Listed by Keller Williams South Watuppa

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,350
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • Total Building Area: 2,250
  • Gross Building Area: 2,466
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-11 B:0000 L:0032
  • Lot: 32
  • Municipality: FALL RIVER
  • Latitude: 41.7173
  • Longitude: -71.125

    Address

  • Full Address: 593 Elsbree St
  • Address - House Number: 593
  • Address - Street Name: Elsbree
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C050
  • 4-Digit Zip Code: 7228
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,500

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 498,325
  • High Value: 580,616
  • Low Value: 416,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $379,400
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $308,700

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6083
  • Previous Sale Recording Date: Jul 30, 2007
  • Previous Sale Amount: $255,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72940228

Frequently Asked Questions

When was property at 593 Elsbree Street built and last sold?
The property at 593 Elsbree Street was built in 1987 and last sold on Mar 31, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 593 Elsbree Street is $430,620.
What are some comparable homes to 593 Elsbree Street?
There are currently no comparable homes to 593 Elsbree Street.
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