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Fall River 02721
64 Detroit Street
$346,000
● House - Off Market

64 Detroit Street

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$373,478
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

MAPLEWOOD AREA RANCH FEATURES ON MAIN LEVEL INCLUDE  TWO BEDROOMS, OPEN LIVING ROOM,KITCHEN /DINING ROOM AND  BATHROOM WITH WASHER/DRYER. ON THE LOWER LEVEL, THERE IS A  IS A FULL WALK-OUT  WITH AN IN-LAW SET UP INCLUDING ONE BEDROOM, OPEN KITCHEN,DINING AND LIVING ROOM, BATHROOM WITH WASHER/DRYER HOOK-UP.AMPLE STORAGE SPACE THROUGHOUT HOME, CLOSE TO SHOPPING, EASY HIGHWAY ACCESS
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$224
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1997

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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: 5 years ago (MLSPIN #72914037)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Oct 28, 2021 Listed by New England Home Finders $339,000
Listed by New England Home Finders

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,480
  • Total Building Area: 1,512
  • Gross Building Area: 2,060
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640700

Zoning

  • Zoning: B-L

Geography

  • Parcel: FALL M:0E-16 B:0000 L:0060
  • Lot: 60
  • Municipality: FALL RIVER
  • Latitude: 41.6791
  • Longitude: -71.1489

    Address

  • Full Address: 64 Detroit St
  • Address - House Number: 64
  • Address - Street Name: Detroit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C052
  • 4-Digit Zip Code: 3509
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 415,926
  • High Value: 500,297
  • Low Value: 331,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $307,700
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $205,500

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29638
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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2698 ft²

Average Home Age

83.7 years

Currently For Sale

200 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72914037

Frequently Asked Questions

When was property at 64 Detroit Street built and last sold?
The property at 64 Detroit Street was built in 1997 and last sold on Dec 22, 2021 for $346,000.
How much is this home worth?
The estimated value of the home located at 64 Detroit Street is $0.
What are some comparable homes to 64 Detroit Street?
There are currently no comparable homes to 64 Detroit Street.
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