261 Ames St Fall River — Photo 1 of 32
$450,700
Investment Analysis — 261 Ames St
Fall River, MA 02721
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02721 carries an estimated $1,760/mo in gross rent — about a 2.64% cap rate and $11,901/yr in estimated NOI at the $450,700 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,342
Style
Single Family
Built
1964
Welcome Home to 261 Ames St, Fall River, MA!Offering approximately 1,342 square feet of living space, this inviting home is move-in ready and offers a comfortable, functional layout.The first floor features a welcoming living room, kitchen, dining room, full bathroom, and a convenient first-floor bedroom.Upstairs, the second floor offers two additional bedrooms, providing plenty of space for family, guests, a home office, or additional storage.
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: 671 sq ft (the lesser of 900 sq ft or half the 1,342 sq ft principal dwelling). Lot size: 4,813 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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Medical Facility • Laundromat • Highway Access • House of Worship • Public School
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Listing Agent: Paula Levasseur
Listing Office: Home Bound Realty
MLS® Number: 73569218
