774 Hicks St Fall River — Photo 1 of 35
$569,000
Investment Analysis — 774 Hicks St
Fall River, MA 02724
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-bedroom in 02724 carries an estimated $1,860/mo in gross rent — about a 1.99% cap rate and $11,346/yr in estimated NOI at the $569,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,944
Style
Single Family
Built
2022
Better than NEW! Welcome home to this beautiful 2022-built Colonial offering 3 bedrooms, 2 full baths and a bright, open floor plan. Hardwood floors flow throughout, while the spacious kitchen is the heart of the home with granite countertops, a large center island, plenty of cabinet space, a gas stove and stainless steel refrigerator. The open layout creates an inviting space ideal for everyday living and entertaining. Additional features include Central A/C and a large unfinished walk-out basement with direct access to the backyard, offering great potential for future finished space. Possibilities might include a family room, playroom, home office, gym or additional living area. Outside, the generous yard and deck provides plenty of room to relax, entertain or play, along with a shed for added storage. Move-in ready with modern finishes throughout, nothing to do but unpack!
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: 900 sq ft (the lesser of 900 sq ft or half the 1,944 sq ft principal dwelling). Lot size: 9,039 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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Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator
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Listing Agent: The Vision Group
Listing Office: Keller Williams South Watuppa
MLS® Number: 73577833