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Fall River 02721
661 3rd St
$260,000
● House - Off Market

661 3rd St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,325 Ft²
$282,521
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Great opportunity to own for the price of renting. Check out this cozy home that has some interior update and offers new vinyl siding & roof. Easy to show!
Unit Size
1,325 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$204
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1921

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #73020976)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
Aug 3, 2022 Listed by Weichert, REALTORS® - SBA Group $269,999
Listed by Weichert, REALTORS® - SBA Group
Mar 20, 2019 Sold
Premium
Sold
Jul 3, 1973 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,022
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,840
  • Total Building Area: 1,325
  • Gross Building Area: 2,766
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640901

Zoning

  • Zoning: A-2

Geography

  • Parcel: FALL M:0I-12 B:0000 L:0013
  • Lot: 13
  • Municipality: FALL RIVER
  • Latitude: 41.6934
  • Longitude: -71.1584

    Address

  • Full Address: 661 3rd St
  • Address - House Number: 661
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C010
  • 4-Digit Zip Code: 1915
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 216,355
  • High Value: 235,647
  • Low Value: 197,063

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,400
  • Assessed Land Value: $78,600
  • Assessed Improvements Value: $153,800

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18110
  • Previous Sale Recording Date: Mar 20, 2019
  • Previous Sale Contract Date: Mar 19, 2019
  • Previous Sale Amount: $87,000
  • 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

2674 ft²

Average Home Age

86.3 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# 73020976

Frequently Asked Questions

When was property at 661 3rd Street built and last sold?
The property at 661 3rd Street was built in 1921 and last sold on Oct 13, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 661 3rd Street is $277,168.
What are some comparable homes to 661 3rd Street?
There are currently no comparable homes to 661 3rd Street.
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