Active

50 Days on market

1966 Highland Ave Fall River — Photo 1 of 36

Recent Drop: $30,000

$449,000

$419,000

Investment Analysis — 1966 Highland Ave

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02720 carries an estimated $1,960/mo in gross rent — about a 3.41% cap rate and $14,277/yr in estimated NOI at the $419,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,560

Style

Single Family

Built

1980

Easy, economical single-level living in this well maintained 3-bedroom ranch. Enjoy a bright, comfortable layout, central air, natural gas heat, low-maintenance flooring and an efficient footprint that's easy to own and maintain. The kitchen features gas cooking with direct access to a spacious deck and private fenced in backyard. A full basement offer additional storage and flexible bonus space, plus off street for three cars. Convenient Highland Avenue location close to Charlton Memorial Hospital and other healthcare employers, shopping, highways and commuter connections. A practical, comfortable home with everything you need on one level

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 780 sq ft (the lesser of 900 sq ft or half the 1,560 sq ft principal dwelling). Lot size: 5,593 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.