618 Fall River
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by RE/MAX River's Edge | $315,000 | |
| Listed by RE/MAX River's Edge | |||
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Forget the condo, forget renting, and come see this 2 bed, 1 bath home in Seekonk. This home needs nothing with the following renovations completed in 2016: New roof, vinyl siding, windows, furnace, hot water tank, electrical box, kitchen countertops/cabinets, and the entire bathroom. The refrigerator, dishwasher, stove/oven were replaced in 2016 and the washer/dryer combo were replaced towards the end of 2021. Let's not forget the outdoor jacuzzi located off the deck where you can relax at the end of your day.
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| Jun 15, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by RE/MAX River's Edge | $274,900 | |
| Listed by RE/MAX River's Edge | |||
| May 21, 2012 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017