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Fall River 02720
596 Florence St
$262,000
● House - Off Market

596 Florence St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,127 Ft²
$417,954
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Highlands- Located within steps to Tansey school is this lovely 8 room 3 bedoom 2.5 bath cape on a corner lot. As you step in the front door you see the lovely fireplaced living room and dining room. Stroll down the hall to the kitchen with access to the spectacular sun room that offers access to the yard, deck & patio. First floor master bedroom. Private family room with wet bar that was used formerly used as an in-law set up. Den, home office or play room.  Upstairs there are two bedrooms and a half bath. Central A/C. Top location.
Unit Size
2,127 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$127
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1945

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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 #72276991)

Price History

Date / Event Date Event Price
Mar 17, 2021 Sold
Premium
Sold
Jan 15, 2021 Listed by Migneault REALTORS® $299,900
Listed by Migneault REALTORS®
Mar 29, 2018 Sold
Premium
Sold
Jan 31, 2018 Listed by Migneault REALTORS® $269,900
Listed by Migneault REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,161
  • Total Building Area: 2,127
  • Gross Building Area: 4,257
  • Building Area: 2,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,127
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642300

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0R-16 B:0000 L:0058
  • Lot: 58
  • Municipality: FALL RIVER
  • Latitude: 41.7186
  • Longitude: -71.1331

    Address

  • Full Address: 596 Florence St
  • Address - House Number: 596
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C050
  • 4-Digit Zip Code: 6216
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $476,700

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 472,147
  • High Value: 560,242
  • Low Value: 384,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,500
  • Assessed Land Value: $116,300
  • Assessed Improvements Value: $272,200

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Mar 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5925
  • Previous Sale Recording Date: Mar 29, 2018
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72276991

Frequently Asked Questions

When was property at 596 Florence Street built and last sold?
The property at 596 Florence Street was built in 1945 and last sold on Mar 17, 2021 for $326,000.
How much is this home worth?
The estimated value of the home located at 596 Florence Street is $317,055.
What are some comparable homes to 596 Florence Street?
There are currently no comparable homes to 596 Florence Street.
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