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Fall River 02721
596 Spencer Street
$264,900
● House - Off Market

596 Spencer Street

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,568 Ft²
$478,886
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Location! NEW construction, quality throughout! Complete by 04/01/2015.  3 bedrooms, Large Master Bath on 2nd floor with Washer/Dryer Hookups. 1/2 bath on 1st floor. Hardwood Flooring in the Living Room, Dining Room and Plush Carpet in the 3 bedrooms. All solid wood Kitchen Cabinets with soft-close doors & drawers. Lots of closet space in this new home. Recessed lighting in kitchen & living room. Front deck has a covered roof and is all composite/vinyl.  Upgraded Premium Vinyl Siding! High Efficiency On-Demand LP Water Heater. Central A/C! LARGE YARD, not your typical city lot - .28 of an acre! Perfect Country location...short walk to pond.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #71794341)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Feb 23, 2015 Listed by Regal Realty Group $264,900
Listed by Regal Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,040
  • Total Building Area: 1,582
  • Gross Building Area: 2,422
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0D-07 B:0000 L:0092
  • Lot: 92
  • Municipality: FALL RIVER
  • Latitude: 41.6671
  • Longitude: -71.1433

    Address

  • Full Address: 596 Spencer St
  • Address - House Number: 596
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 4530
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,100

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 482,783
  • High Value: 573,376
  • Low Value: 392,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,700
  • Assessed Land Value: $125,100
  • Assessed Improvements Value: $277,600

    Sales

  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46910
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71794341

Frequently Asked Questions

When was property at 596 Spencer Street built and last sold?
The property at 596 Spencer Street was built in 2014 and last sold on Jan 1, 1970 for $264,900.
How much is this home worth?
The estimated value of the home located at 596 Spencer Street is $276,232.
What are some comparable homes to 596 Spencer Street?
There are currently no comparable homes to 596 Spencer Street.
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