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Fall River 02721
992 Norman St
$260,000
● House - Off Market

992 Norman St

Fall River, MA 02721
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$477,462
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Brand new 3 bed in one of Fall Rivers most desirable areas.  Property has open floor plan with granite counter tops tile back splash stainless steel appliances and center island.  Eat in kitchen that leads to 12x16 deck overlooking a private back yard with a brand new driveway for two.  Hardwood floors throughout with plush carpet in bedrooms.  Two full baths and laundry on 2nd floor.  Two of the bedrooms are equal in size with a large master with walk in closet and private bath.   Property is hooked  into city sewer and water with natural gas for heating and hot water.  This property is a must see and is not expected to last.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$135
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
2015

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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 #71900626)

Price History

Date / Event Date Event Price
Dec 10, 2015 Sold
Premium
Sold
Sep 9, 2015 Listed by Fall River Real Estate & Rentals, Inc. $269,000
Listed by Fall River Real Estate & Rentals, Inc.
Nov 26, 2014 Sold
Premium
Sold
Aug 11, 2014 Listed by Fall River Real Estate & Rentals, Inc. $96,600
Listed by Fall River Real Estate & Rentals, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,912
  • Total Building Area: 2,016
  • Gross Building Area: 3,216
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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-10 B:0000 L:0093
  • Lot: 93
  • Municipality: FALL RIVER
  • Latitude: 41.6618
  • Longitude: -71.136

    Address

  • Full Address: 992 Norman St
  • Address - House Number: 992
  • Address - Street Name: Norman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C033
  • 4-Digit Zip Code: 4625
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,400

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 514,907
  • High Value: 600,934
  • Low Value: 428,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,500
  • Assessed Land Value: $123,900
  • Assessed Improvements Value: $267,600

    Sales

  • Current Sale Recording Date: Dec 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20400
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Amount: $83,475
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71900626

Frequently Asked Questions

When was property at 992 Norman Street built and last sold?
The property at 992 Norman Street was built in 2015 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 992 Norman Street is $279,177.
What are some comparable homes to 992 Norman Street?
There are currently no comparable homes to 992 Norman Street.
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