$475,000
●
Multifamily -
Off Market
857 2nd St
Fall River, MA 02721
11 Beds
4 Baths,
2
Half Baths
2,945 Ft²
$621,661
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Back on the Market!! Completely remodeled 3 family! New roof, New
Windows, New Vinyl, New porches! The inside has been completely
rewired top to bottom! 4 brand new electrical panels including a
house panel! New plumbing through out the entire property! This new
plumbing system includes 2 high efficiency combination heat and hot
water wall mounted units and 1 high efficiency wall mounted water
system! Along with 2 hook ups in the basement for washers and
dryers! The first 2 units have brand new baseboard heat through out
while the 3rd unit has a space heater. The interior of these
apartments have been completely remodeled including New sheetorck,
New doors, New Fixtures, New Kitchen's and Baths! First two units
have finished hardwood throughout while the 3rd unit is wall to
wall carpet! This property consists of 11 beds and 4 baths. A 2
stall garage is also attached to this property along with a wide
driveway for off street parking!
Unit Size
2,945 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$158
Property Type
Multifamily
Property Taxes
$248
HOA Dues
-
Year Built
1900
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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: 5 years ago (MLSPIN #72675800)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 4
Appliances: Gas Water Heater
Laundry Features: Laundry Room
Rooms: 29
Basement: Full
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Features: Corner Lot
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: B-L
Parcel Number: M:0G08 B:0000 L:0012, 2826033
Water Source: Public
Financial Details
Tax Assessed Value: $206,200
Tax Annual Amount: $2,980
Utilities Details
Heating Type: Natural Gas
Sewer : Public Sewer
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 |
|---|---|---|---|---|---|---|---|
|
05/25/2022
| |
11 Bed
|
3 Bath
|
3163 ft²
|
$575,000
11 Bed
3 Bath
3163 ft²
|
$650,000
+13.04%
07/29/2022
|
David Casey Howe
eXp Realty
|
|
06/17/2020
| |
11 Bed
|
4 Bath
|
2945 ft²
|
$464,900
11 Bed
4 Bath
2945 ft²
|
$475,000
+2.17%
10/15/2020
|
Charles O'Gara
Keller Williams Elite
|
|
12/13/2019
| |
11 Bed
|
4 Bath
|
3190 ft²
|
$140,000
11 Bed
4 Bath
3190 ft²
|
$160,000
+14.29%
01/17/2020
|
Charles O'Gara
Amaral & Associates RE
|
Building Info
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