188 Palmer Street # F, Fall River MA 02724
Fall River, MA 02724
$358,000
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Sale Statistics
Sale Overview
Original List Price:
$342,900
Final Sale Price:
$358,000
Difference:
+$15,100 (+4.4%)
Performance Metrics
104.4%
List to Sale Ratio
Sold above asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$476
Sale $/sq ft:
$497
This property sold for $497 per square foot
Sale Summary
This property sold for 4.4% above the original asking price, indicating strong buyer demand.
The property spent 44 days on market before selling.
About this home
Attention Investors!! Opportunity knocks with this two unit condo package! Being sold along with unit A in the same building. Two condos, both two bedrooms (first floor and a top floor, best of both worlds). The units are both rented to long time tenants for $1,350.00 (Unit F) and $1,250.00 (Unit A). Professionally managed condo association. With the commuter train heading to the city this is a great investment opportunity!
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Public Records & Permits
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Property History
Market Insights
4.2%
Price Range
47
Total Days on Market
Property Timeline
Sold
Jan 9, 2025
$358,000
Property sold
Days on Market: 47
Listed for Sale
Nov 7, 2024
$342,900
Original listing
Agent: John Dator III
Office: Professional Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/09/2025 | ✓ Sold | $358,000 | - | - | Property sold |
| 11/07/2024 | 🏠 Listed for Sale | $342,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,217 | $193,600 |
Financial Details
Annual Property Tax
$2,217
Tax Year 2025
Assessed Value
$193,600
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1987
Living Area
720 sq ft
Lot Size
0.0000
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
$1,350/mo · Y
Unit 2 Rent
$1,250/mo · Y
Total Monthly Rent
$2,600/mo
Gross Income
$31,200
Net Operating Income
$31,200
Cap Rate
9.10%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,217
Assessed Value
$193,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
Rules & Regs (1)
County
Bristol
Total market time (incl. prior listings)
47 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1987
Bedrooms
4
Full Bathrooms
2
Living Area
720 sq ft
Total Rooms
8
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1987
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
2
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive
Nearby Schools
School information not available for this location.
Location
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Neighborhood
188 Palmer Street # F, Fall River MA 02724
Fall River, MA 02724
Listing Information
Listing Agent
John Dator III
Listing Office
Professional Real Estate
Office Phone
508-678-4703
Agent MLS ID
CN255921
Office MLS ID
FR0178
Listing Data Updated
Jan 9, 2025 1:48 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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