533 Locust St #3 Fall River — Photo 1 of 27
Recent Drop: $5,000
$244,900
Investment Analysis — 533 Locust St #3
Fall River, MA 02720 — Steep Brook
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 1-bedroom in 02720 carries an estimated $1,310/mo in gross rent — about a 1.80% cap rate and $4,419/yr in estimated NOI at the $244,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,300
Style
Condominium
Built
1900
Rare opportunity to own a character-filled condo within one of the Highlands’ most well-known homes. This impressive main-level unit features a private entrance, high ceilings, hardwood floors, detailed crown molding, oversized doors, and beautiful marble fireplaces. Conveniently located near Charlton Memorial Hospital, the commuter rail, and North Park, Unit 3 blends timeless craftsmanship with everyday convenience.
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 MLS and other third-party data may be inaccurate or out of date.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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Property History
$244,900
Was $249,900
Sep 11, 2026
MLS® 73559061
$249,900
Aug 4, 2026
MLS® 73559061
Listing Agent: The J. Pavao Team
Listing Office: Keller Williams South Watuppa
MLS® Number: 73559061