Active Under Contract

124 Days on market

485 Rock Street Fall River — Photo 1 of 39

Recent Drop: $20,000

$519,888

$499,888

Investment Analysis — 485 Rock Street

Fall River, MA 02720 — Highlands

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 2.60% cap rate and $12,990/yr in estimated NOI at the $499,888 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,092

Style

Single Family

Built

1938

The perfect Highlands home does exist, located across the street from the Fall River Historical Society.This gorgeous property features the ultimate layout with a FIRST FLOOR primary suite & private attached ensuite. Slider leads out to a private patio. Space, style & effortless main-level living come together in a prime location, complete with a coveted 2-car garage (remember last winter?) Impressive architectural details & HW throughtout. Spacious LR/w fireplace & mantel. Formal DR w/original corner hutches. The 2nd fl. features 2 additional bedrooms designed for comfort, a large sitting area & full bath. 200 AMP electrical service & high efficiency heating & HW were replaced in 2019.Leased solar panels (started in 2022, $86+/- a month) enjoy lower electricity bills from day one! Massive full, clean, dry basement with endless possibilities for use. Plenty of storage w/easy access. Beautifully landscaped with fenced in yard. WELCOME TO YOUR NEW HOME!

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 2,092 sq ft principal dwelling). Lot size: 4,526 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.

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