$195,000
●
Multifamily -
Off Market
7 Division St
Fall River, MA 02721
7 Beds
3 Baths
3,106 Ft²
$291,189
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Great Fall River 3 family. Will need plumbing and aesthetic repair
from burst pipes and rear, flat roof damage. Seven bedrooms, all
vinyl siding, replacement windows, updated electrical service,
newer roof and hot water heater, all separate heating units and
utilities and laundry hookups. Storage shed and fenced in yard.
Owner occupied top unit and two vacancies. Cash buyer or 203k rehab
loan based on these required repairs.
Unit Size
3,106 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$64
Property Type
Multifamily
Property Taxes
$219
HOA Dues
-
Year Built
1900
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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 #72602154)
Price History
Property Highlights
Interior Details
Full Bathrooms: 3
Appliances: Electric Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 17
Basement: Full, Interior Entry, Unfinished
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family - 3 Units Up/Down
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Features: Gentle Sloping
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: A-2
Parcel Number: M:0G02 B:0000 L:0013, 2825636
Water Source: Public
Financial Details
Tax Assessed Value: $180,000
Tax Annual Amount: $2,624
Utilities Details
Utilities: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Medical Facility, Laundromat, Marina, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/22/2019
| |
7 Bed
|
3 Bath
|
3106 ft²
|
$199,850
7 Bed
3 Bath
3106 ft²
|
$195,000
-2.43%
01/31/2020
|
Manuel Casimiro
Majestic Real Estate
|
|
08/05/2015
| |
7 Bed
|
3 Bath
|
3106 ft²
|
$187,000
7 Bed
3 Bath
3106 ft²
|
$180,000
-3.74%
05/31/2016
|
Holly McCombs Team
RE/MAX Right Choice
|
|
04/20/2009
| |
7 Bed
|
3 Bath
|
3159 ft²
|
$90,346
7 Bed
3 Bath
3159 ft²
|
$82,000
-9.24%
08/02/2010
|
Deborah Warwick
Amaral & Associates RE
|
|
12/07/2004
| |
8 Bed
|
3 Bath
|
3159 ft²
|
$274,900
8 Bed
3 Bath
3159 ft²
|
$275,000
+0.04%
11/03/2005
|
Olga Albernaz
Goodrow Realty Group, Inc.
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017