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0 and 375 Gilbert St Mansfield — Photo 1 of 3

0 and 375 Gilbert St Mansfield — Photo 1 of 3

$1,575,000

Investment Analysis — 0 and 375 Gilbert St

Mansfield, MA 02048

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02048 carries an estimated $2,040/mo in gross rent — about a -0.02% cap rate and $-295/yr in estimated NOI at the $1,575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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RARE DEVELOPMENT OPPORTUNITY IN MANSFIELD! Looking for a LARGE PARCEL of land with exceptional development potential in the wonderful Town of Mansfield, MA? This approximately 10-acre tract of land, featuring approximately 466 feet of frontage on Gilbert Street, offers a variety of exciting possibilities! The property may be eligible for division into THREE ANR (Approval Not Required) lots, each with the minimum 150 feet of frontage required in the R-1 zoning district, or could be considered for development as a 40B, 40Y, or traditional subdivision. The asking price includes 2013 single-family home in excellent condition, available for immediate occupancy. This spacious ranch offers 3+ bedrooms, 3.5 bathrooms, approximately 2,500 square feet of living space, a kitchen with a cathedral ceiling that opens to the dining and living areas, and a Finished Walk-Out Lower Level. The existing home could potentially be separated as an individual property or incorporated into a new subdivision, offering an opportunity to market and sell the home while the remaining lots are being developed. Alternatively, the property could serve as a SPACIOUS ESTATE LOT for a FAMILY COMPOUND. UTILITIES: Gas, electricity, and water are available on the street. To the best of the seller's knowledge, the percolation tests were previously conducted approximately 200 feet from the street and passed inspections. FOR ADDITIONAL INFORMATION AND DETAILS, CALL THE LISTING AGENT TODAY!

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.

Property Details

Financials

Original Price$1,575,000
Annual Taxes--

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic, At Street
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR-1

Property & Lot

Acres10
SqFt Lot435,600
Lot FeaturesWooded

Neighborhood

Walk/Jog Trails • Public School • T-Station

Geography

Listing Provided By

Listing Agent: Vladimir Frenkel

Listing Office: Keller Williams Elite - Sharon

MLS® Number: 73582847