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$257,000
● Multifamily - Off Market

993 Slade

Fall River, MA
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,511 Ft²
$443,181
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Immaculate three family. Three full apartments with hardwood floors. Living room,dining room w/ two bedrooms in each apartment. Vinyl exterior with most all new windows and new gutters. Electric service has been upgraded to 200 amps. House is immaculate. Three storage rooms in basement with laundry area. Located on a corner lot with nice yard. Across from park.
Unit Size
2,511 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$104
Property Type
Multifamily
Property Taxes
$129
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #70513942)

Price History

Date / Event Date Event Price
Feb 28, 2007 Sold
Premium
Sold
Jan 20, 2007 Listed by Centurion Realty Group, LLC $259,900
Listed by Centurion Realty Group, LLC

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Storage), Unit 2(Storage), Unit 3(Storage), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Oven
Flooring Type: Wood, Vinyl
Rooms: 18
Basement: Full, Walk-Out Access, Concrete
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: Res
Parcel Number: 2826441
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $227,100
Tax Annual Amount: $1,551
Utilities Details
Utilities: for Gas Oven
Heating Type: Unit 1(Electric Baseboard, Gas), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks))
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70513942
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