$450,000
●
Multifamily -
Off Market
802 2nd St
Fall River, MA 02721
4 Beds
2 Baths
1,862 Ft²
$2,497
Est. Monthly
8.84%
Cap Rate
About This Property
Welcome to 802 2nd Street, a quaint two-family home that is nestled
in the heart of Fall River! This property presents an ideal
investment opportunity situated off the street for added privacy
and tranquility. The convenient locations provides easy access to
amenities and transportation options, making it appealing to
tenants and investors alike. The vinyl siding ensures easy
maintenance while providing a classic look. Inside, you'll discover
that both units boast two spacious bedrooms in each as well as and
updated kitchen on first floor New appliances on first and second
floors to convey with sale. Plenty of off-street parking. Hot water
water tanks are less than 2 years old and roof is less than 10
years old. Discover, two bonus rooms in the basement and well as a
private fenced in backyard. Take advantage of this investment
opportunity and make this gem yours! ***First showing at Open
House this Saturday February 10th 11am-1pm ***
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$241
Property Type
Multifamily
Property Taxes
$292
HOA Dues
-
Year Built
1900
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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: 3 years ago (MLSPIN #73200806)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Flooring Type: Wood, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 10
Basement: Full, Bulkhead
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Zoning: A-2
Parcel Number: M:0I13 B:0000 L:0013, 2828272
Water Source: Public
Financial Details
Tax Assessed Value: $285,500
Tax Annual Amount: $3,503
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2024
| |
4 Bed
|
2 Bath
|
1862 ft²
|
$449,000
4 Bed
2 Bath
1862 ft²
|
$450,000
+0.22%
03/22/2024
|
Amber Lewis
Home And Key Real Estate, LLC
|
|
12/13/2021
| |
4 Bed
|
2 Bath
|
2100 ft²
|
$319,999
4 Bed
2 Bath
2100 ft²
|
$335,000
+4.69%
04/04/2022
|
Alicia Botelho
Keller Williams Elite
|
|
02/25/2002
| |
4 Bed
|
-
|
1000 ft²
|
$145,900
4 Bed
-
1000 ft²
|
$143,000
-1.99%
04/23/2002
|
Olga Albernaz
Goodrow Realty Group, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017