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Fall River 02721
853 Norman St
$380,000
● House - Off Market

853 Norman St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,795 Ft²
$402,271
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Nice raised ranch home located in a great Fall River neighborhood. This is an Estate Sale! Located close to the Tiverton, RI line, as well as 5 minutes away from the newly built casino. Many updates have been made to the home within the last 5 years!! The roof and vinyl siding are LESS than 5 years old.The water heater is also less than 5 years old. The front and back doors as well as the deck are also less then 5 years old!(deck has never been sealed). The basement has never been finished since construction. Bathroom hookup for 2nd bath is already in place downstairs as shown in photos! Don't miss out on this nice home located in a wonderful, quiet neighborhood!
Unit Size
1,795 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$212
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1989

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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 #73025438)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Premium
Sold
Dec 20, 2022 In contract -
In contract
Nov 16, 2022 Price Decreased $380,000
↓ $20K (5%)
Price Decreased
Nov 2, 2022 Price Increased $400,000
↑ $20K (5.3%)
Price Increased
Aug 14, 2022 Listed by Aguatown Realty $380,000
Listed by Aguatown Realty
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 750
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,041
  • Total Building Area: 1,795
  • Gross Building Area: 2,270
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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:0D-11 B:0000 L:0109
  • Lot: 109
  • Municipality: FALL RIVER
  • Latitude: 41.6619
  • Longitude: -71.1387

    Address

  • Full Address: 853 Norman St
  • Address - House Number: 853
  • Address - Street Name: Norman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C033
  • 4-Digit Zip Code: 4608
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,500

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 455,591
  • High Value: 544,995
  • Low Value: 366,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,200
  • Assessed Land Value: $120,900
  • Assessed Improvements Value: $228,300

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 738
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Amount: $263,000
  • 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# 73025438

Frequently Asked Questions

When was property at 853 Norman Street built and last sold?
The property at 853 Norman Street was built in 1989 and last sold on Jan 13, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 853 Norman Street is $386,025.
What are some comparable homes to 853 Norman Street?
There are currently no comparable homes to 853 Norman Street.
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