For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
$140,000
● Multifamily - Off Market

86 Cherry

Fall River, MA
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$249,662
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Great two-family home on corner lot overlooking Battleship Cove.  Hardwoods throughout.   First floor has some updates and second floor is in process of installation of new ceilings.  Seller to leave  sheetrock  for second floor ceiling  and  third floor lumber and sheetrock  material that is present for possible expansion.    Seller will  leave three shower stalls, and two vanities, which are still in boxes.   Third floor has new windows.  The roof is new and electric boxes have been updated.  The first floor has a new furnace.  Second floor is gas on gas and the space heater is new.  There are also new toilets in each unit.  This is great  for owner occupied or investment property.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$62
Property Type
Multifamily
Property Taxes
$158
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #72073896)

Price History

Date / Event Date Event Price
Feb 17, 2017 Sold
Premium
Sold
Sep 28, 2016 Listed by M J McNally Real Estate $149,900
Listed by M J McNally Real Estate

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Storage, Unit 1(Ceiling Fans, Storage, Open Floor Plan), Unit 2(Storage, Open Floor Plan), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Range, Refrigerator, Unit 1(Range, Refrigerator), Unit 2(Refrigerator), Gas Water Heater, Leased Heater, Utility Connections for Gas Oven
Flooring Type: Hardwood Floors, Unit 1(undefined), Unit 2(Hardwood Floors)
Rooms: 8
Basement: Full
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Stone
Lead Paint: Unknown
Lot Features: Corner Lot, Level
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Parcel Number: 2834227
Water Source: Public
Financial Details
Tax Assessed Value: $182,000
Tax Annual Amount: $1,900
Utilities Details
Utilities: for Gas Oven
Cooling Type: None, Unit 1(Wind), Unit 2(Common)
Heating Type: Natural Gas, Space Heater, Unit 1(Gas), Unit 2(Space Heater)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Public School, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72073896
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know