Active

181 Days on market

229 Concord Street Fall River — Photo 1 of 40

Recent Drop: $20,000

$599,900

$579,900

Investment Analysis — 229 Concord Street

Fall River, MA 02723 — TALBOT MIDDLE SCHOOL

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02723 carries an estimated $2,170/mo in gross rent — about a 2.57% cap rate and $14,923/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,520

Style

Single Family

Built

2013

CUSTOM COLONIAL BUILT NEW FOR OWNERS IN 2013! INVITING FRONT FARMERS PORCH. OPEN PLAN LIVING, BRIGHT AND LIGHT! BEAUTIFUL HARDWOOD FLOORS ON FIRST FLOOR OPEN KITCHEN/DINING WITH GRANITE COUNTERTOPS AND CENTER ISLAND. FIRST FLOOR LAUNDRY. DECK OFF DINING AREA. WATER FEATURE IN BACKYARD. WATER SPRINKLERS IN FRONT YARD. GARAGE ACCESS TO HOME AND BACKYARD. UPSTAIRS ARE 3 SPACIOUS BEDROOMS, AND A FULL BATH. LOWER LEVEL HAS AN IN-LAW SETUP WITH A FAMILY ROOM, KITCHEN AND STALL SHOWER BATH PLUS A OFFICE OR BEDROOM AND DOOR ACCESS TO BACKYARD FOR EGRESS. 3 ZONE NEST A/C AT THIS BEAUTIFUL HOME. OWNERS HAVE A LOT OF PRIDE IN IT,AND THE LUCKY BUYER WILL BE GLAD THEY FOUND IT! BACKYARD IS FENCED, ABOVE GROUND POOL AND APPLIANCES ARE NEGOTIABLE AS WELL AS THE GAZEBO-TYPE COVERING ON THE DECK. VERY LARGE STORAGE SHED IN THE BACKYARD. DEAD END STREET WITH COMPARABLE HOMES! SEE YOU AT THE OPEN HOUSE!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,520 sq ft principal dwelling). Lot size: 7,501 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.