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Fall River 02724
883 Broadway
$410,000
● House - Off Market

883 Broadway

Fall River, MA 02724
bedrooms
7 Beds
bathrooms
2 Baths
square feet
2,700 Ft²
$415,912
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Looking for lots of space? This newly renovated 7 Bedroom, 2 Bath beautiful home should do it. New Kitchen with quartz countertops and new stainless steel microwave oven, dishwasher, cooking stove and refrigerator all included. Fresh paint and beautiful resurfaced hardwood floors thru-out. Basement has lots of usable storage space or room for your hobby or workshop. The 2 car detached garage has remote door opener and electricity. Open House this Tuesday 8/9 from 5:30 to 6:30PM
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$148
Property Type
House
Property Taxes
$330
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: 4 months ago (MLSPIN #73014514)

Price History

Date / Event Date Event Price
Sep 20, 2022 Sold
Premium
Sold
Jul 19, 2022 Listed by Highland Real Estate Group $399,900
Listed by Highland Real Estate Group
Jul 19, 2021 Sold
Premium
Sold
May 17, 2021 Listed by Highland Real Estate Group $259,900
Listed by Highland Real Estate Group
Sep 29, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,056
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,327
  • Total Building Area: 2,206
  • Gross Building Area: 3,904
  • Building Area: 2,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,206
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640500

Zoning

  • Zoning: R-4

Geography

  • Parcel: FALL M:0G-22 B:0000 L:0059
  • Lot: 59
  • Municipality: FALL RIVER
  • Latitude: 41.6892
  • Longitude: -71.1707

    Address

  • Full Address: 883 Broadway
  • Address - House Number: 883
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Fall River
  • Carrier Code: C083
  • 4-Digit Zip Code: 2724
  • Zip Code: 02724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $486,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 471,317
  • High Value: 556,998
  • Low Value: 385,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,600
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $310,900

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16702
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: Jul 19, 2021
  • Previous Sale Amount: $259,900
  • 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

2652 ft²

Average Home Age

86.8 years

Currently For Sale

214 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# 73014514

Frequently Asked Questions

When was property at 883 Broadway built and last sold?
The property at 883 Broadway was built in 1900 and last sold on Sep 19, 2022 for $410,000.
How much is this home worth?
The estimated value of the home located at 883 Broadway is $402,051.
What are some comparable homes to 883 Broadway?
There are currently no comparable homes to 883 Broadway.
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