$406,000
●
Condo -
Off Market
550 Spring Street #2
Fall River, MA 02721
3 Beds
2 Baths,
1
Half Bath
1,920 Ft²
$2,573
Est. Monthly
$230
HOA / Fees
7.29%
Cap Rate
About This Property
PRICE JUST REDUCED TO $406,000! Welcome to this 2 year
young, open concept, spacious Townhouse located within minutes, to
the MBTA South Coast commuter rail. Stretch out in comfort with 3
bedrooms and 2.5 bathrooms and plenty of living space in between.
Boasting 1920 Sq. Ft. of living space, thoughtfully designed with a
clean, modern feel in mind. Featuring gas heat, low HOA
monthly fee of $230, Central AC, quartz stone countertops, laundry
services off of the main bedroom & 2 deeded parking spaces.
Situated just on the outskirts of the Artist live/work
Overlay Space, downtown, highway access and the bus terminal. Pet
friendly with 2 pets allowed & common area backyard space to
accommodate their needs.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
Condo
Property Taxes
$349
HOA Dues
$230
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 8 months ago (MLSPIN #73456748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Conway - Mattapoisett | $399,900 | |
| Listed by Conway - Mattapoisett | |||
   | |||
|
Get more of everything you are looking for, without the premium price tag! This turnkey home delivers high-end features & modern upgrades at a price point that's hard to pass up! Stretch out in comfort with 3 bedrooms and 2.5 bathrooms and plenty of living space in between. Boasting 1920 Sq. Ft. of living space, thoughtfully designed with a clean, modern feel in mind. Featuring gas heat, low HOA monthly fee of $230, Central AC, quartz stone countertops, laundry services off of the main bedroom & 2 deeded parking spaces. Pet friendly with 2 pets allowed & common area backyard space to accommodate their needs. Situated just minutes to downtown, MBTA, highway access and the bus terminal.
| |||
| Feb 21, 2026 | No longer available | - | |
| No longer available | |||
| Jan 22, 2026 | Price Decreased |
$406,000
↓ $7K
(1.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned, Deeded
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Laminate
Door Features: Insulated Doors
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, Third Floor
Rooms: 7
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1920
Year Built Source: Public Records
Year Built: 2023
Building Name: Five On Spring Condominiums
Building Area Total: 1920
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $385,000
Tax Annual Amount: $4,183
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $230
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/20/2025
|
3 Bed
|
2 Bath
|
1920 ft²
|
$419,000
3 Bed
2 Bath
1920 ft²
|
-
-
|
Jane Kalife Paul
Conway - Mattapoisett
| |
|
03/29/2024
|
3 Bed
|
3 Bath
|
1920 ft²
|
$389,900
3 Bed
3 Bath
1920 ft²
|
$389,900
06/17/2024
|
Gerald Francois
Realty World Related Realty Group
| |
|
03/23/2024
|
3 Bed
|
3 Bath
|
1920 ft²
|
$384,900
3 Bed
3 Bath
1920 ft²
|
$391,900
+1.82%
05/10/2024
|
Erica Arruda
Keller Williams Coastal
| |
|
03/08/2024
|
3 Bed
|
3 Bath
|
1920 ft²
|
$384,900
3 Bed
3 Bath
1920 ft²
|
$385,000
+0.03%
04/25/2024
|
Tayla Andre
Thumbprint Realty, LLC
| |
|
02/10/2024
|
3 Bed
|
3 Bath
|
1920 ft²
|
$379,900
3 Bed
3 Bath
1920 ft²
|
$380,000
+0.03%
04/03/2024
|
Fred Grizotte
Paiva Real Estate Services, LLC
| |
|
11/29/2023
|
3 Bed
|
3 Bath
|
1920 ft²
|
$379,900
3 Bed
3 Bath
1920 ft²
|
$385,000
+1.34%
03/22/2024
|
Fred Grizotte
Paiva Real Estate Services, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017