Investment Analysis — 554 Madison Street

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 2.42% cap rate and $12,813/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,244

Style

Single Family

Built

1950

Located in the much sought after Highland neighborhood, this Madison Street classic ranch is perfect for the first time home buyer or someone looking to downsize. Features include an ample size open living/ dining room with hardwood floors and a fireplace. There is a spacious fully appliance kitchen and recently re-modeled bathroom. The large primary bedroom has an attached 1/2 bath The front to back sunroom located on the south side of the home is also another charming feature of this home. The partially finished basement can be utilized many different ways conducive to your lifestyle.There is a one car detached garage,a three car tandem driveway and a fenced in yard. Easy highway access and fairly close proximity to waterfront attractions and the MBTA rail station.

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 2,244 sq ft principal dwelling). Lot size: 5,854 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 MLS and other third-party data may be inaccurate or out of date.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.