Remodeled Multifamily
For Sale
$649,900
130 Rock Street, Fall River, MA 02720
Two-story residence with five bedrooms, updated kitchen, and a practical bathroom layout.
Property Size2,998 SF
Price / SF$216.78
Days on Market15
Property Features for 130 Rock Street
General Information
Standard status
Active
Size
2,998 SF
Property subtype
Multi Family
Building Details
Building Size
2,998 SF
Year Built
1874
Listing Agency:
DRM Real Estate, Inc
(508) 967-6427
Listed By:
Domingos R. Martins
(617) 842-0367
Source:
Iverty
Added: Sep 3
Changed: Sep 15
Last Checked: Sep 16 at 7:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DRM Real Estate, Inc
Investment Insights
Based on property information with market context.
Located at 130 Rock Street in Fall River, Massachusetts, this multifamily residence offers 2,998 square feet across two stories. Originally constructed in 1874, the property has been completely remodeled and includes five bedrooms, one full bathroom, and one half bathroom. An updated kitchen provides a central functional area within the residence, while the floor plan combines historic construction with refreshed interior finishes.
The property occupies a 5,797-square-foot lot and is positioned in a walkable urban setting. Walk Score is 75, categorized as Very Walkable, while Bike Score is 64, categorized as Bikeable. Transit Score is 42, categorized as Some Transit.
The property occupies a 5,797-square-foot lot and is positioned in a walkable urban setting. Walk Score is 75, categorized as Very Walkable, while Bike Score is 64, categorized as Bikeable. Transit Score is 42, categorized as Some Transit.
Key Highlights
- 2,998‑square‑foot multifamily residence at 130 Rock St, Fall River, MA 02720
- Built in 1874 and completely remodeled
- Five‑bedroom layout across two stories
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,792
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$995,840
$995.8K
Cap Rate 7%
$711,314
$711.3K
Cap Rate 9%
$553,244
$553.2K
Market Conditions
NOI Build-Up for 2,998 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$97.1K $32.40/SF
− Vacancy
−$6.6K −$2.20/SF
EGI
$90.5K $30.20/SF
− OpEx
−$40.7K −$13.59/SF
NOI
$49.8K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$995,840
Cap Rate 7%
$711,314
Cap Rate 9%
$553,244
Alternative Uses
Best Use
Apartment 5plus
$711.3K
$622.4K – $829.9K
NOI $49,792 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,801 @ 7.0% cap · market cap 19.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 02720, MA
31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two-story residence with five bedrooms, updated kitchen, and a practical bathroom layout.
Where is this multifamily property located?
The property is located at 130 Rock Street Fall River, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2,998‑square‑foot multifamily residence at 130 Rock St, Fall River, MA 02720; Built in 1874 and completely remodeled; Five‑bedroom layout across two stories
