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Fall River 02724
81 Salisbury St
$292,000
● House - Off Market

81 Salisbury St

Fall River, MA 02724
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,643 Ft²
$405,197
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

This 2 bedrooms, 2 bath home offers a beautiful open concept living room – kitchen – dining area. Cathedral ceilings, and skylights throughout the home for natural light.  Large master suite with master bath, and generous walk in closet. Located on almost a ¼ acre, this property is completely fenced in. The large 2-car detached garage has an enormous room above the garage with its own separate entrance.  Property is business zoned, located near major highways, and shopping. Potential for a home office/business use, all buyers and buyer's agent to do due diligence.
Unit Size
1,643 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$176
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #72630681)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
Mar 9, 2020 Listed by RE/MAX Right Choice $289,000
Listed by RE/MAX Right Choice
Feb 9, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,095
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,945
  • Total Building Area: 1,643
  • Gross Building Area: 2,404
  • Building Area: 1,643
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,643
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640100

Zoning

  • Zoning: B-L

Geography

  • Parcel: FALL M:0C-05 B:0000 L:0006
  • Lot: 6
  • Municipality: FALL RIVER
  • Latitude: 41.6795
  • Longitude: -71.1637

    Address

  • Full Address: 81 Salisbury St
  • Address - House Number: 81
  • Address - Street Name: Salisbury
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C088
  • 4-Digit Zip Code: 3517
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,200

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 410,320
  • High Value: 490,559
  • Low Value: 330,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,100
  • Assessed Land Value: $107,700
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11050
  • Previous Sale Recording Date: Feb 09, 1996
  • Previous Sale Amount: $60,000
  • 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:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2629 ft²

Average Home Age

85.8 years

Currently For Sale

216 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72630681

Frequently Asked Questions

When was property at 81 Salisbury Street built and last sold?
The property at 81 Salisbury Street was built in 1930 and last sold on Jun 30, 2020 for $292,000.
How much is this home worth?
The estimated value of the home located at 81 Salisbury Street is $301,217.
What are some comparable homes to 81 Salisbury Street?
There are currently no comparable homes to 81 Salisbury Street.
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