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Fall River 02720
747 Madison Street
$485,000
● House - Off Market

747 Madison Street

Fall River, MA 02720
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,765 Ft²
$2,958
Est. Monthly

About This Property

Welcome to 747 Madison Street, a stunning Victorian home located in the highly desirable Highlands neighborhood. This beautiful property blends timeless charm with modern updates. Featuring intricate woodwork throughout, two inviting fireplaces, and spacious living areas, this home exudes character and warmth. The updated kitchen is perfect for modern living, while the home also boasts a new roof, new electrical panel, new oil tank, and a brand-new heating system. With its prime location and classic architectural details, this home offers the best of both worlds-classic elegance and modern convenience. Don't miss out on this move-in-ready gem-schedule a showing today!
Unit Size
2,765 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$190
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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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: 4 months ago (MLSPIN #73310734)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Premium
Sold
Jan 3, 2025 In contract -
In contract
Nov 7, 2024 Listed by Mott & Chace Sotheby's International Realty $525,000
Listed by Mott & Chace Sotheby's International Realty
Dec 30, 2014 Sold
Premium
Sold
Sep 6, 2014 Listed by Mott & Chace Sotheby's International Realty $279,000
Listed by Mott & Chace Sotheby's International Realty
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,026
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,502
  • Total Building Area: 2,765
  • Gross Building Area: 4,828
  • Building Area: 2,765
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,765
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 642300

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0S-03 B:0000 L:0011
  • Lot: 11
  • Municipality: FALL RIVER
  • Latitude: 41.7203
  • Longitude: -71.1383

    Address

  • Full Address: 747 Madison St
  • Address - House Number: 747
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C025
  • 4-Digit Zip Code: 5716
  • Zip Code: 02720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,700

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 514,495
  • High Value: 610,492
  • Low Value: 418,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,400
  • Assessed Land Value: $149,100
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19056
  • Previous Sale Recording Date: Sep 16, 2009
  • Previous Sale Amount: $221,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fall River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2674 ft²

Average Home Age

86.3 years

Currently For Sale

214 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73310734

Frequently Asked Questions

When was property at 747 Madison Street built and last sold?
The property at 747 Madison Street was built in 1900 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 747 Madison Street is $515,241.
What are some comparable homes to 747 Madison Street?
There are currently no comparable homes to 747 Madison Street.
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