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Fall River 02720
846 N Eastern Ave
$465,000
● House - Off Market

846 N Eastern Ave

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$478,015
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Beautiful maintained  3 bedroom ranch features 3 bedrooms, 1.5 baths, finished basement, pool  24000 sq ft lot  shed, fire pit. In the last 5 years the owners have meticulously scraped and painted the outside, repaired the fireplace exterior,  fence the yard, salt water pool , repaired the shed,  added pavers to the back driveway and patio, changed interior water lines, fully insulated the property,  replaced basement windows. Heating is gas fired cast iron basement. . Floors are  a combination of tile, hardwoods and laminate.  The basement is 3/4 finished with laundry, 1/2 bath and  family room and a the other 1/2 is workshop and storage.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$278
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1954

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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 #73150176)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 8, 2023 In contract -
In contract
Aug 30, 2023 Relisted $240,000
Relisted
Aug 22, 2023 In contract -
In contract
Aug 15, 2023 Listed by Lamacchia Realty, Inc. $479,800
Listed by Lamacchia Realty, Inc.
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,115
  • Total Building Area: 1,728
  • Gross Building Area: 2,614
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000554
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-16 B:0000 L:0040
  • Lot: 40
  • Municipality: FALL RIVER
  • Latitude: 41.7083
  • Longitude: -71.1255

    Address

  • Full Address: 846 N Eastern Ave
  • Address - House Number: 846
  • Street Direction: N
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Fall River
  • Carrier Code: C040
  • 4-Digit Zip Code: 7415
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,300

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 414,731
  • High Value: 484,022
  • Low Value: 345,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000
  • Assessed Land Value: $119,000
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54783
  • Previous Sale Recording Date: Apr 19, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: O
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

2688 ft²

Average Home Age

86.3 years

Currently For Sale

213 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# 73150176

Frequently Asked Questions

When was property at 846 North Eastern Avenue built and last sold?
The property at 846 North Eastern Avenue was built in 1954 and last sold on Oct 26, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 846 North Eastern Avenue is $480,470.
What are some comparable homes to 846 North Eastern Avenue?
There are currently no comparable homes to 846 North Eastern Avenue.
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