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Fall River 02720
789 Oak Grove Ave
$425,000
● House - Off Market

789 Oak Grove Ave

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,354 Ft²
$2,407
Est. Monthly

About This Property

Looking for a home to make lasting memories? This 3 bedroom, 1.5-bath Cape-style home might be just what you need. Inside, you'll find a spacious living room with hardwood floors and lots of natural light, making it a great space for relaxing or entertaining. The sunny kitchen flows into the dining area, with an updated half bath just around the corner. Upstairs are two comfortable bedrooms and a full bath. The full basement offers plenty of room for storage or whatever else you have in mind. Outside, enjoy the porch, a large yard, and a 1-car detached garage. Plus, it's just minutes from major roads, shopping, restaurants, and more. Don't miss out schedule a visit and see for yourself!
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$318
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1947

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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 #73317830)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Premium
Sold
Jan 31, 2025 In contract -
In contract
Dec 9, 2024 Listed by Dream Living Realty, LLC $429,900
Listed by Dream Living Realty, LLC
Oct 7, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 720
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,354
  • Gross Building Area: 2,297
  • Building Area: 1,354
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,354
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: G

Geography

  • Parcel: FALL M:0P-14 B:0000 L:0009
  • Lot: 9
  • Municipality: FALL RIVER
  • Latitude: 41.7087
  • Longitude: -71.131

    Address

  • Full Address: 789 Oak Grove Ave
  • Address - House Number: 789
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C027
  • 4-Digit Zip Code: 7453
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 386,586
  • High Value: 461,812
  • Low Value: 311,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,800
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $183,700

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17743
  • Previous Sale Recording Date: Jan 13, 2010
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 27
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:

$499,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2683 ft²

Average Home Age

83.3 years

Currently For Sale

199 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73317830

Frequently Asked Questions

When was property at 789 Oak Grove Avenue built and last sold?
The property at 789 Oak Grove Avenue was built in 1947 and last sold on Sep 23, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 789 Oak Grove Avenue is $426,511.
What are some comparable homes to 789 Oak Grove Avenue?
There are currently no comparable homes to 789 Oak Grove Avenue.
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