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Fall River 02721
85 Family Dr
$280,000
● House - Off Market

85 Family Dr

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,016 Ft²
$409,960
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Beautiful & spacious 3yr. young colonial w/2000+ living space. 3 bed rm 1 1/2 bath. Grand 2-story foyer, lg palladium window, open floor plan. Formal dining rm, lg oak kitchen fully applianced. Very lg front to back living rm w/ slider to 10x12 deck. Lg master bed rm w/ walk in closet. Brick patio, walkway, and 2 car driveway. Lg spacious backyard. Quiet cul-de-sac. Close to highway and shopping.(Right next to Tiverton RI and Newport. The basement is framed off and ready to sheet-rock for extra living space. House ready for new owners.----1st showing- open house saturday 9/7 from 12:30-2pm
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$139
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
2003

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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: 4 months ago (MLSPIN #72558304)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Ponte & Associates Real Estate $279,900
Listed by Ponte & Associates Real Estate
Nov 18, 2013 Sold
Premium
Sold
Jun 13, 2013 Listed by Ponte & Associates Real Estate $219,900
Listed by Ponte & Associates Real Estate
Oct 13, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,791
  • Total Building Area: 2,016
  • Gross Building Area: 3,180
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-8

Geography

  • Parcel: FALL M:0C-18 B:0000 L:0016
  • Lot: 16
  • Municipality: FALL RIVER
  • Latitude: 41.6694
  • Longitude: -71.1637

    Address

  • Full Address: 85 Family Dr
  • Address - House Number: 85
  • Address - Street Name: Family
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Fall River
  • Carrier Code: C051
  • 4-Digit Zip Code: 2380
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,900

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 446,942
  • High Value: 534,430
  • Low Value: 359,453

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,000
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $261,600

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18994
  • Previous Sale Recording Date: Nov 18, 2013
  • Previous Sale Amount: $210,000
  • 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

71

Average Home Size

2592 ft²

Average Home Age

86.2 years

Currently For Sale

208 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# 72558304

Frequently Asked Questions

When was property at 85 Family Drive built and last sold?
The property at 85 Family Drive was built in 2003 and last sold on Oct 31, 2019 for $285,000.
How much is this home worth?
The estimated value of the home located at 85 Family Drive is $294,496.
What are some comparable homes to 85 Family Drive?
There are currently no comparable homes to 85 Family Drive.
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