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Fall River 02720
622 New Boston Rd
$282,500
● House - Off Market

622 New Boston Rd

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$428,746
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Not your Cookie Cutter home in Fall River - Wow!  Street appeal with paved driveway, maintenance free vinyl siding, fenced in back yard and above ground pool with raised decking.  3BR, 1.5 baths with lots of natural lighting!  High ceilings and hard wood flooring throughout with oversized windows.  You will love the bright, white kitchen with unique wood panel ceiling.  Dining room has beautiful stained glass window that adds unique charm.  Newer roof (2014) and newer interior painting.  Plenty of attic space for storage and full unfinished basement.  Conveniently located to Rte's 6 & 24.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$168
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1900

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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 #72366435)

Price History

Date / Event Date Event Price
Nov 16, 2018 Sold
Premium
Sold
Jul 22, 2018 Listed by Keller Williams Realty Colonial Partners $282,500
Listed by Keller Williams Realty Colonial Partners
Jul 26, 2010 Sold
Premium
Sold
May 20, 2010 Listed by Keller Williams Realty Colonial Partners $190,000
Listed by Keller Williams Realty Colonial Partners
Jan 30, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 790
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,805
  • Total Building Area: 1,680
  • Gross Building Area: 3,212
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642400

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-08 B:0000 L:0095
  • Lot: 95
  • Municipality: FALL RIVER
  • Latitude: 41.7099
  • Longitude: -71.1345

    Address

  • Full Address: 622 New Boston Rd
  • Address - House Number: 622
  • Address - Street Name: New Boston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Fall River
  • Carrier Code: C027
  • 4-Digit Zip Code: 6916
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,800

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 444,739
  • High Value: 548,474
  • Low Value: 341,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,900
  • Assessed Land Value: $106,100
  • Assessed Improvements Value: $223,800

    Sales

  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19399
  • Previous Sale Recording Date: Jul 26, 2010
  • Previous Sale Amount: $210,000
  • 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

71

Average Home Size

2632 ft²

Average Home Age

85.6 years

Currently For Sale

212 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# 72366435

Frequently Asked Questions

When was property at 622 New Boston Road built and last sold?
The property at 622 New Boston Road was built in 1900 and last sold on Jan 1, 1970 for $282,500.
How much is this home worth?
The estimated value of the home located at 622 New Boston Road is $290,758.
What are some comparable homes to 622 New Boston Road?
There are currently no comparable homes to 622 New Boston Road.
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