$1,100,000
●
Multifamily -
Off Market
84 Danforth St
Fall River, MA 02720
16 Beds
6 Baths
6,156 Ft²
$5,433
Est. Monthly
4.05%
Cap Rate
About This Property
**UPDATE** HIGHEST & BEST DUE NO LATER THAN 1/27 @ 3PM.
INVESTORS! TAKE NOTICE! This property checks all
the boxes. (4) 3-Bedroom Units on 1st and 2nd level and (2)
2-3 Bedroom Units on 3rd level. All units have full de-lead
certificates. 1st and 2nd floor units boast large kitchen areas
with tons of storage space. Sliding glass doors leading out
to deck overlooking Mt Hope Bay and the highly decorated battleship
USS Massachusetts. 3rd floor views of the Battleship are
Amazing. Upgraded sprinkler system, Parking lot for 7 cars,
Security System, Vinyl siding, storage area in basement, coin-op
laundry (2 washers/2 dryers). The amenities are too much to
list. Full rents collected each month. Don't miss out - This
caliber of building does not come along often.
Unit Size
6,156 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$158
Property Type
Multifamily
Property Taxes
$645
HOA Dues
-
Year Built
1894
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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 #73195945)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Assigned, Driveway, Paved
Interior Details
Full Bathrooms: 6
Interior Features: Pantry, Lead Certification Available, Bathroom With Tub & Shower, Slider, Living Room, Kitchen, Living RM/Dining RM Combo
Appliances: Washer, Dryer, Range, Refrigerator
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Gas Dryer Hookup, Washer Hookup
Rooms: 29
Basement: Full, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 5-9 Family
Stories (Total): 9
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: None
Lot Features: Corner Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: M
Parcel Number: M:0O18 B:0000 L:0009, 2834370
Water Source: Public
Financial Details
Tax Assessed Value: $631,200
Tax Annual Amount: $7,745
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School, Sidewalks
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 |
|---|---|---|---|---|---|---|---|
|
08/30/2023
| |
16 Bed
|
6 Bath
|
-
|
$950,000
16 Bed
6 Bath
|
-
03/08/2024
|
Becky Lynn Rosen
Rosen Property Management, Inc.
|
|
08/03/2017
| |
16 Bed
|
6 Bath
|
6156 ft²
|
$395,000
16 Bed
6 Bath
6156 ft²
|
$86,000
-78.23%
04/25/2018
|
Todd Mello
Lion Gate Real Estate, Inc.
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017