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Fall River 02720
931 Pearce
$250,000
● House - Off Market

931 Pearce

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,109 Ft²
$366,030
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

This amazing 3 bedroom, 1.5 bath ranch, located in an ideal neighborhood, is truly a must see. Kitchen offers custom kitchen cabinets with adjoining dining area. The spacious living room features a center fireplace surrounded by beautifully handcrafted, custom built, shelves. Freshly painted rooms with refinished original hardwood floors throughout. Electrical service upgraded to 200 amps with plenty of space for expansion. New GFCI outlets installed in bathroom and kitchen. This summer host your parties in the spacious back yard. Great location in the city, conveniently located to area amenities and easy highway access.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$225
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1968

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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: 6 months ago (MLSPIN #72441365)

Price History

Date / Event Date Event Price
Jun 20, 2019 Sold
Premium
Sold
Jan 15, 2019 Listed by Keller Williams South Watuppa $249,000
Listed by Keller Williams South Watuppa

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,109
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,051
  • Total Building Area: 1,864
  • Gross Building Area: 2,218
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642400

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0P-03 B:0000 L:0048
  • Lot: 48
  • Municipality: FALL RIVER
  • Latitude: 41.7121
  • Longitude: -71.1388

    Address

  • Full Address: 931 Pearce St
  • Address - House Number: 931
  • Address - Street Name: Pearce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C048
  • 4-Digit Zip Code: 5901
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,800

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 436,686
  • High Value: 524,726
  • Low Value: 348,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,400
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $237,400

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9656
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:

$514,999

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2659 ft²

Average Home Age

84.8 years

Currently For Sale

203 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72441365

Frequently Asked Questions

When was property at 931 Pearce Street built and last sold?
The property at 931 Pearce Street was built in 1968 and last sold on Jun 20, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 931 Pearce Street is $254,033.
What are some comparable homes to 931 Pearce Street?
There are currently no comparable homes to 931 Pearce Street.
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