If you are making the fetch call to your localhost which I'm guessing is run by node.js in the same directory as your backbone code, than it will most likely be on http://localhost:3000
or something like that. Than this should be your model:
var model = Backbone.Model.extend({
url: '/item'
});
And in your node.js you now have to accept that call like this:
app.get('/item', function(req, res){
res.send('some info here');
});