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Fall River 02720
782 Meridian St
$381,000
● House - Off Market

782 Meridian St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,280 Ft²
$409,608
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Welcome Home! Once you step onto the porch of this charming house, you will know it is the one. This is everything that the city has to offer on a corner lot in one of the city's most desirable locations!! The home boasts beautiful hardwood floors, 3 bedrooms, primary bedroom on main level, 1 1/2 baths, and an abundance of storage space. There is also an additional bonus room upstairs! Home has a magnificent yard for entertaining and/or gardening. There is also a 20x25 foot shed/workshop set back from street that is a perfect spot for hobbies, tinkering, etc. The possibilities are endless! This home is truly a must see in an incredible location! Please DO NOT walk onto property. Property IS occupied.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$304
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1925

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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 months ago (MLSPIN #72931129)

Price History

Date / Event Date Event Price
Feb 24, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by High Pointe Properties $389,000
Listed by High Pointe Properties
Sep 24, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by High Pointe Properties $299,900
Listed by High Pointe Properties
Mar 16, 2018 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 3
  • Basement Area: 833
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,188
  • Total Building Area: 2,113
  • Gross Building Area: 2,762
  • Building Area: 2,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,113
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642500

Zoning

  • Zoning: R-30

Geography

  • Parcel: FALL M:0R-08 B:0000 L:0003
  • Lot: 3
  • Municipality: FALL RIVER
  • Latitude: 41.7188
  • Longitude: -71.1131

    Address

  • Full Address: 782 Meridian St
  • Address - House Number: 782
  • Address - Street Name: Meridian
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C024
  • 4-Digit Zip Code: 4618
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 456,290
  • High Value: 538,010
  • Low Value: 374,569

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,800
  • Assessed Land Value: $108,300
  • Assessed Improvements Value: $227,500

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3474
  • Previous Sale Recording Date: Sep 24, 2020
  • Previous Sale Contract Date: Sep 15, 2020
  • Previous Sale Amount: $305,000
  • 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:

$500,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2661 ft²

Average Home Age

84.5 years

Currently For Sale

204 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72931129

Frequently Asked Questions

When was property at 782 Meridian Street built and last sold?
The property at 782 Meridian Street was built in 1925 and last sold on Feb 24, 2022 for $381,000.
How much is this home worth?
The estimated value of the home located at 782 Meridian Street is $383,401.
What are some comparable homes to 782 Meridian Street?
There are currently no comparable homes to 782 Meridian Street.
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