Active
52 Days on market
4234 N Main St #505 Fall River — Photo 1 of 21

4234 N Main St #505 Fall River — Photo 1 of 21

$364,000

Investment Analysis — 4234 N Main St #505

Fall River, MA 02720

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-bedroom in 02720 carries an estimated $1,620/mo in gross rent — about a 1.77% cap rate and $6,437/yr in estimated NOI at the $364,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,226

Style

Condominium

Built

1987

Welcome to Unit 505 at Ropewalk, a rare opportunity to own a desirable end-unit condominium offering exceptional privacy, abundant natural light, and beautiful views from both the front and rear of the building. As an end unit, the additional windows create a bright, airy atmosphere that sets this home apart from the rest.The thoughtfully designed floor plan offers comfortable one-level living with a spacious kitchen featuring ample cabinet and counter space, opening to the dining area and inviting living room—perfect for everyday living or entertaining family and friends. Just off the living room, the enclosed solarium provides a peaceful retreat to enjoy your morning coffee, read a book, or simply relax while taking in the surrounding views.The primary bedroom suite offers a private bath and a generous walk-in closet, while the second bedroom is ideal for guests, a home office, or additional living space. A second full bathroom and an in-unit utility room with the furnace, water heater, washer, and dryer add to the home’s convenience and functionality.Ropewalk is a professionally managed community known for its beautifully maintained grounds and outstanding amenities. Residents enjoy a secure entrance, welcoming lobby, elevator access, in-ground swimming pool, tennis court, and professionally landscaped common areas, providing a low-maintenance lifestyle in a desirable setting.Perfectly located directly across from Shaw’s Plaza, in front of the beautiful Private Fall River Country Club and just minutes from Route 24, you’ll enjoy easy access to shopping, restaurants, grocery stores, medical facilities, and major commuter routes. Whether you’re looking to downsize, simplify your lifestyle, or enjoy the convenience of condominium living, Unit 505 offers comfort, convenience, and one of the most desirable locations within the community. Don’t miss this opportunity to make this bright end unit your next home.

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.

Open Houses

Property Details

Financials

Original Price$364,000
Annual Taxes$3,105
HOA Fee$436

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
Roof--
Foundation--
ZoningN/A

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Listing Provided By

Listing Agent: The Souza Group

Listing Office: Keller Williams South Watuppa

MLS® Number: 73553255