Overview Property Details Payment Calculator Walkability

Closed

597 King Philip, Fall River MA 02724

$650,000

Estimated $1,459.47/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $162,500

Total Rent: 55800/year

Estimated CAP Rate: 7.84%

8 Bedrooms

4 Full Baths

5,290 SqFt

Total Parking: 0

6,621 SqFt

This property is minutes from the train station, minutes from highway access, and has views of the Taunton River. There is a large fenced in backyard, coin-op laundry and storage space in the basement, 4 NEW water heaters, and a NEW electrical panel. Each of the 4 units incl...

This home has been viewed 19 times

Last Checked: May 7th, 2024 at 4:26am (Source: MLS PIN #73085072)

Gross Income: $55,800

Gross Expenses: $4,866

Net Income Calc: $50,934

CAP Rate: 7.84%

Water Views

Annual Expenses for 597 King Philip, Fall River MA 02724

Total Gross Expenses (Calculated)$4,866/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,866

Annual Income & Unit Breakdown for 597 King Philip, Fall River MA 02724

Total Gross Income (Calculated)$55,800

Unit 1

Rental Income$950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,350

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 597 King Philip, Fall River MA 02724

Listing ID73085072

Property TypeMulti Family / 4 Family

Price$650,000 ($122.87/SqFt)

Style4 Family

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total5,290 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA-3

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 597 King Philip, Fall River MA 02724

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$55,800

Total Net Income By Broker$55,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 597 King Philip, Fall River MA 02724

Real Estate Taxes$4,866

Tax Year2022

Assessed Value$385,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$55,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$55,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.84%

Location Information for 597 King Philip, Fall River MA 02724

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 597 King Philip, Fall River MA 02724

Agent

Name: Drew Carline

MLS ID: CN226939

Office ID: AN3817

National Association ID: 450550973

Address: 35 Oxford Street #1

City: Fall River

State: MA

Zip: 02721

Office

Name: Century 21 Limitless

MLS Office ID: AN6938

Phone: 508-567-3468

Payment Calculator

$4,410.59 per month

30 Years Fixed, 6.75% Interest

Property Taxes $405.50

Principal & Interest $4,005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Limitless

Drew Carline

Agent Phone

Office Phone

(508) 567-3468

Text Agent Call Agent Call Office

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EXIT

Closed

597 King Philip, Fall River MA 02724

$650,000

Annual Expenses for 597 King Philip, Fall River MA 02724

Annual Income & Unit Breakdown for 597 King Philip, Fall River MA 02724

General Information for 597 King Philip, Fall River MA 02724

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Financial Information for 597 King Philip, Fall River MA 02724

Location Information for 597 King Philip, Fall River MA 02724

Contact Information for 597 King Philip, Fall River MA 02724

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Century 21 Limitless

Drew Carline