414 Bay Street Fall River — Photo 1 of 31
$439,000
Investment Analysis — 414 Bay Street
Fall River, MA 02724
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02724 carries an estimated $1,860/mo in gross rent — about a 2.89% cap rate and $12,669/yr in estimated NOI at the $439,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,366
Style
Single Family
Built
2017
Move right in and enjoy the perfect balance of style, space, and everyday functionality. Sun-filled living areas create an inviting atmosphere, while the spacious kitchen with a center island flows seamlessly into the dining area, making entertaining effortless. Upstairs, the generous primary suite offers a private retreat with its own bath, complemented by two additional bedrooms. The finished lower level provides exceptional flexibility for a media room, gym, playroom, or home office. Ideally situated near Battleship Cove, Heritage State Park, the Fall River Waterfront, Bristol Community College, Charlton Memorial Hospital, waterfront restaurants, Route 79, I-195, the South Coast Rail station, and the new Fall River MBTA commuter rail, providing easy access to Providence and Boston.
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 2,366 sq ft principal dwelling). Lot size: 2,457 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater
Neighborhood
Park • Laundromat • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First27 x 13
Closet, Flooring - Hardwood, Cable Hookup, Exterior Access
Dining Room
Lvl First9 x 13
Flooring - Hardwood
Kitchen
Lvl First10 x 13
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl Second19 x 12
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Bedroom 2
Lvl Second11 x 12
Bedroom 3
Lvl Second11 x 15
Closet, Flooring - Wall to Wall Carpet, Slider
Bathroom 2
Lvl Second8 x 9
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl First8 x 6
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Eric Alberto
Listing Office: Rosewood Realty
MLS® Number: 73552632