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Fall River 02720
6 Terry Lane
$295,000
● House - Off Market

6 Terry Lane

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,528 Ft²
$528,785
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Raised Ranch in North End with in-law set-up.  Top level has 2 bedrooms, formal dining room and full bath. Large kitchen with breakfast island and full deck off of the kitchen.  Lower level has a family room with kitchen, ceramic tile flooring, bedroom, full bathroom with jacuzzi tub, and sliders to private patio. Vinyl exterior, central air and yard sprinkler system.  Oversized garden shed to remain.  Well-maintained family home on dead-end street.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$123
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
2001

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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 #70521867)

Price History

Date / Event Date Event Price
Mar 28, 2007 Sold
Premium
Sold
Feb 5, 2007 Listed by Cheryl Darnbrough Real Estate $310,000
Listed by Cheryl Darnbrough Real Estate
Jul 30, 2004 Sold
Premium
Sold
May 12, 2004 Listed by Cheryl Darnbrough Real Estate $329,900
Listed by Cheryl Darnbrough Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,144
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,052
  • Total Building Area: 2,002
  • Gross Building Area: 2,528
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642100

Zoning

  • Zoning: IND

Geography

  • Parcel: FALL M:0X-01 B:0000 L:0027
  • Lot: 27
  • Municipality: FALL RIVER
  • Latitude: 41.7429
  • Longitude: -71.1288

    Address

  • Full Address: 6 Terry Ln
  • Address - House Number: 6
  • Address - Street Name: Terry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Fall River
  • Carrier Code: C047
  • 4-Digit Zip Code: 1671
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 506,310
  • High Value: 617,903
  • Low Value: 394,716

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,300
  • Assessed Land Value: $103,700
  • Assessed Improvements Value: $208,600

    Sales

  • Current Sale Recording Date: Mar 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6372
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $310,000
  • 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# 70521867

Frequently Asked Questions

When was property at 6 Terry Lane built and last sold?
The property at 6 Terry Lane was built in 2001 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 6 Terry Lane is $347,205.
What are some comparable homes to 6 Terry Lane?
There are currently no comparable homes to 6 Terry Lane.
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