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Fall River 02724
62 Queen St
$170,000
● House - Off Market

62 Queen St

Fall River, MA 02724
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,109 Ft²
$259,527
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This two bedroom, one bath South End home (located on a one-way street), features an open floor plan that  includes kitchen, living and dining areas. Flooring combines hardwood, tile and carpet, while also featuring replacement windows, blown-in insulation, cast iron baseboard, updated oak kitchen & bath w/jacuzzi/hydro tub. Heating bills are reduced with a wood burning stove located on the first floor. Two car garage w/attached storage is great for mechanics and those requiring additional storage.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$160
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1930

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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 #72454102)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Feb 17, 2019 Listed by Brookside Realty Group $177,000
Listed by Brookside Realty Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 814
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,650
  • Total Building Area: 1,109
  • Gross Building Area: 2,596
  • Building Area: 1,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,109
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640500

Zoning

  • Zoning: A-3

Geography

  • Parcel: FALL M:0H-12 B:0000 L:0028
  • Lot: 28
  • Municipality: FALL RIVER
  • Latitude: 41.6898
  • Longitude: -71.1782

    Address

  • Full Address: 62 Queen St
  • Address - House Number: 62
  • Address - Street Name: Queen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C084
  • 4-Digit Zip Code: 1422
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $293,300

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 330,598
  • High Value: 385,833
  • Low Value: 275,364

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,000
  • Assessed Land Value: $85,900
  • Assessed Improvements Value: $153,100

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14418
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72454102

Frequently Asked Questions

When was property at 62 Queen Street built and last sold?
The property at 62 Queen Street was built in 1930 and last sold on Aug 30, 2019 for $170,000.
How much is this home worth?
The estimated value of the home located at 62 Queen Street is $185,149.
What are some comparable homes to 62 Queen Street?
There are currently no comparable homes to 62 Queen Street.
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