Active

264 Days on market

301 Madison Fall River — Photo 1 of 40

Recent Drop: $16,000

$715,000

$699,000

Investment Analysis — 301 Madison

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02720 carries an estimated $2,320/mo in gross rent — about a 2.19% cap rate and $15,314/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

4.5

SqFt

3,428

Style

Single Family

Built

1900

It could be the gourmet kitchen, it could be the fabulous layout, it could be the craftsmanship, it could be the elegant ambiance. Actually it is all of these and more that make this Victorian gem so inviting. The main bedroom suite is Spacious and incredibly well done. The kitchen is also roomy with many unique features including a slider to a large deck With 3,428 square feet of living space this beautiful home will delight the most sophisticated of buyers, ready for family and entertaining on three levels with four bedrooms and three and a half baths. The property features a large yard of 11,339 square feet of land with a two stall oversized detached garage. Many upgrades have been completed in recent years including mini splits on the first floor, front porch, roof and more. This property is truly move-in ready.The third floor bedroom suite is ideal as a student hideaway and there are endless posibilities for in=law setups.

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 3,428 sq ft principal dwelling). Lot size: 11,389 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.