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Fall River 02720
695 N Eastern Ave
$227,000
● House - Off Market

695 N Eastern Ave

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$348,269
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

A three bedroom ranch on desirable, N Eastern Ave. The house has hard wood floors through out. It comes with a refrigerator, counter top stove, wall oven, dishwasher and washer/dryer. All appliances are sold in as is condition. The heating system is newer. There is a full basement with tall ceilings so it would be easy to finish the basement for extra equity. Large backyard for entertaining. Call today for a private showing.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$206
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1964

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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 #72278321)

Price History

Date / Event Date Event Price
Mar 30, 2018 Sold
Premium
Sold
Feb 6, 2018 Listed by Majestic Real Estate $224,900
Listed by Majestic Real Estate
Jan 11, 2016 Sold
Premium
Sold
May 24, 2015 Listed by Majestic Real Estate $198,700
Listed by Majestic Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Total Building Area: 1,092
  • Gross Building Area: 2,214
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641700

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-25 B:0000 L:0035
  • Lot: 35
  • Municipality: FALL RIVER
  • Latitude: 41.7061
  • Longitude: -71.1258

    Address

  • Full Address: 695 N Eastern Ave
  • Address - House Number: 695
  • Street Direction: N
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C040
  • 4-Digit Zip Code: 7440
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,600

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 375,857
  • High Value: 451,633
  • Low Value: 300,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,400
  • Assessed Land Value: $107,600
  • Assessed Improvements Value: $179,800

    Sales

  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4921
  • Previous Sale Recording Date: Jan 11, 2016
  • Previous Sale Amount: $185,000
  • 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

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72278321

Frequently Asked Questions

When was property at 695 North Eastern Avenue built and last sold?
The property at 695 North Eastern Avenue was built in 1964 and last sold on Jan 1, 1970 for $227,000.
How much is this home worth?
The estimated value of the home located at 695 North Eastern Avenue is $229,737.
What are some comparable homes to 695 North Eastern Avenue?
There are currently no comparable homes to 695 North Eastern Avenue.
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