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Fall River 02723
71 Marion Street
$390,000
● House - Off Market

71 Marion Street

Fall River, MA 02723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,065 Ft²
$419,910
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

New Listing in the Eastern Avenue Area. Country feeling and the convenience of the  city.  First offering on this one owner  Charming 3 bedroom, 2 bath Custom Built cape. Situated on over 11,000 square feet located  at the end of a cul de sac.   Oak hardwood flooring through out. Open fully appliance d kitchen with patio door leading to private covered patio. Laundry and bedroom on first level. Two spacious bedroom and full  bath on second floor. Partially finished lower level with Antique heating stove. 200 Amp electric service.  Mature landscaping surrounding the home with a yard great for entertaining.  Minutes to Rt. 24. Located new all the area schools and the new High School.First Showings to begin on Sunday 6/27/2021          Open House   11:30-1pm.
Unit Size
2,065 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$179
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1968

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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 #72854132)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by Keller Williams Realty $369,900
Listed by Keller Williams Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,138
  • Total Building Area: 2,065
  • Gross Building Area: 3,274
  • Building Area: 2,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,065
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 641600

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0L-07 B:0000 L:0072
  • Lot: 72
  • Municipality: FALL RIVER
  • Latitude: 41.6962
  • Longitude: -71.1293

    Address

  • Full Address: 71 Marion St
  • Address - House Number: 71
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C007
  • 4-Digit Zip Code: 3413
  • Zip Code: 02723

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $400,600

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 421,063
  • High Value: 491,411
  • Low Value: 350,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,500
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $205,500

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52918
  • Previous Sale Recording Date: Jan 19, 2005
  • Previous Sale Document Type: 48
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.

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Currently no similar homes around

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72854132

Frequently Asked Questions

When was property at 71 Marion Street built and last sold?
The property at 71 Marion Street was built in 1968 and last sold on Sep 9, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 71 Marion Street is $0.
What are some comparable homes to 71 Marion Street?
There are currently no comparable homes to 71 Marion Street.
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