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$192,000
● Multifamily - Off Market

794 Broadway

Fall River, MA
bedrooms
8 Beds
bathrooms
3 Baths
square feet
3,170 Ft²
$324,610
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Opportunity knocks!!! Well maintained 3 family home in nice south end location. This home is fully rented with good long term tenants, fully applianced, maintenance free exterior and has all separate utilities. 1st and 2nd fl apartment has front facing porches, original hard wood floors, some carpeting and updated kitchens and bathrooms. Seller is relocating and motivated to sell.
Unit Size
3,170 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$61
Property Type
Multifamily
Property Taxes
$224
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72067446)

Price History

Date / Event Date Event Price
Feb 17, 2017 Sold
Premium
Sold
Sep 14, 2016 Listed by Frank Smith Real Estate, Inc. $194,900
Listed by Frank Smith Real Estate, Inc.

Property Highlights

Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater
Flooring Type: Wood, Carpet, Varies Per Unit
Rooms: 14
Basement: Full, Interior Entry, Bulkhead, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Other
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: R-4
Parcel Number: M:0G18 B:0000 L:0059, 2826595
Water Source: Public
Financial Details
Tax Assessed Value: $197,400
Tax Annual Amount: $2,691
Utilities Details
Cooling Type: Unit 1(Window AC), Unit 2(Window AC)
Heating Type: Unit 1(Gas, Space Heater), Unit 2(Hot Water Radiators, Gas), Unit 3(Forced Air, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Public School

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72067446
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