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Fall River 02720
70 Read St
$249,000
● House - Off Market

70 Read St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$381,080
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Move right into this cute and quaint home in a great neighborhood.  This home has so many lovely features that are unique and speaks to the character of the home.  The home boasts 3 generous bedrooms with ample closet space, built cubby's and more. Gorgeous hardwoods and slate flooring contribute to the charm, along with vintage glass doorknobs throughout and a sweet screened in porch, wood burning fireplace and more. Freshly & tastefully painted exterior, ample parking, fenced in yard  and an oversized garage help make this house a must see.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$221
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1922

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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 #72528300)

Price History

Date / Event Date Event Price
Aug 13, 2019 Sold
Premium
Sold
Jul 2, 2019 Listed by RE/MAX Right Choice $259,900
Listed by RE/MAX Right Choice
Dec 27, 2012 Sold
Premium
Sold
Nov 9, 2012 Listed by RE/MAX Right Choice $224,900
Listed by RE/MAX Right Choice
Sep 18, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 18
  • 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: 679
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,022
  • Total Building Area: 1,196
  • Gross Building Area: 2,141
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0M-04 B:0000 L:0025
  • Lot: 25
  • Municipality: FALL RIVER
  • Latitude: 41.7114
  • Longitude: -71.1411

    Address

  • Full Address: 70 Read St
  • Address - House Number: 70
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C048
  • 4-Digit Zip Code: 5538
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372,300

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 392,769
  • High Value: 468,204
  • Low Value: 317,334

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,400
  • Assessed Land Value: $103,600
  • Assessed Improvements Value: $199,800

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13171
  • Previous Sale Recording Date: Dec 27, 2012
  • Previous Sale Amount: $225,000
  • 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

2652 ft²

Average Home Age

86.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72528300

Frequently Asked Questions

When was property at 70 Read Street built and last sold?
The property at 70 Read Street was built in 1922 and last sold on Aug 13, 2019 for $247,500.
How much is this home worth?
The estimated value of the home located at 70 Read Street is $264,038.
What are some comparable homes to 70 Read Street?
There are currently no comparable homes to 70 Read Street.
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