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Fall River 02721
616 Orswell St
$250,000
● House - Off Market

616 Orswell St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,086 Ft²
$379,260
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Beautifully redone and ready for you to move right in! Spacious 3 bedroom, 2 full bath home, featuring Granite countertops in both kitchens and baths! New Flooring, Appliances, Paint, Roof, Fixtures, Hot Water Tank, and fully finished basement, Could be an great in-law setup! New gutters, downspouts, and newly painted shed
Unit Size
2,086 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$124
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1940

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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 #72454916)

Price History

Date / Event Date Event Price
Jun 25, 2019 Sold
Premium
Sold
Feb 18, 2019 Listed by Highland Real Estate Group $258,000
Listed by Highland Real Estate Group
Jun 15, 2018 Sold
Premium
Sold
Jan 5, 2018 Listed by Highland Real Estate Group $99,900
Listed by Highland Real Estate Group
Jun 30, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,086
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,890
  • Total Building Area: 2,118
  • Gross Building Area: 2,422
  • Building Area: 2,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0E-04 B:0000 L:0095
  • Lot: 95
  • Municipality: FALL RIVER
  • Latitude: 41.6798
  • Longitude: -71.1566

    Address

  • Full Address: 616 Orswell St
  • Address - House Number: 616
  • Address - Street Name: Orswell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C029
  • 4-Digit Zip Code: 2452
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,700

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 465,424
  • High Value: 559,836
  • Low Value: 371,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,600
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $291,800

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9891
  • Previous Sale Recording Date: Jun 15, 2018
  • Previous Sale Amount: $118,000
  • 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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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# 72454916

Frequently Asked Questions

When was property at 616 Orswell Street built and last sold?
The property at 616 Orswell Street was built in 1940 and last sold on Jun 25, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 616 Orswell Street is $275,111.
What are some comparable homes to 616 Orswell Street?
There are currently no comparable homes to 616 Orswell Street.
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