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Fall River 02720
765 Madison St
Photo of 765 Madison St
Sold on Apr 24, 2025

11

Map

Photo of 765 Madison St
Photo of 765 Madison St
$457,000
● House - Off Market

765 Madison St

Fall River, MA 02720
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,972 Ft²
$2,606
Est. Monthly
7.29%
Cap Rate

About This Property

New listing. Quaint 3 bedroom Garrison located in one of Fall River's finest areas. Home will require some updates.
Unit Size
1,972 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$228
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1925

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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: 2 years ago (MLSPIN #73150959)

Price History

Date / Event Date Event Price
Apr 24, 2025 Sold
Premium
Sold
Mar 22, 2024 In contract -
In contract
Feb 14, 2024 Withdrawn -
Withdrawn
Dec 11, 2023 Price Decreased $449,500
↓ $10K (2.2%)
Price Decreased
Nov 15, 2023 Price Decreased $459,500
↓ $30K (6.1%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 850
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,502
  • Total Building Area: 1,972
  • Gross Building Area: 2,854
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,972
  • 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:0012
  • Lot: 12
  • Municipality: FALL RIVER
  • Latitude: 41.7206
  • Longitude: -71.1382

    Address

  • Full Address: 765 Madison St
  • Address - House Number: 765
  • 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: $477,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 433,323
  • High Value: 471,983
  • Low Value: 394,663

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,300
  • Assessed Land Value: $149,100
  • Assessed Improvements Value: $240,200
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:

$500,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2597 ft²

Average Home Age

84.7 years

Currently For Sale

207 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: 2 years ago
Data Source: MLS PIN, MLS# 73150959

Frequently Asked Questions

When was property at 765 Madison Street built and last sold?
The property at 765 Madison Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 765 Madison Street is $457,746.
What are some comparable homes to 765 Madison Street?
There are currently no comparable homes to 765 Madison Street.
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