Investment Analysis — 1 Esther Dr

Milford, MA 01757

Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 4-bedroom in 01757 carries an estimated $3,540/mo in gross rent — about a 3.52% cap rate and $24,577/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,019

Style

Single Family

Built

1981

Move right into this completely modern, top-to-bottom renovated Colonial offering 2,019 square feet of above-grade living space designed for today's buyers. This spacious 4-bedroom, 2.5-bath home features a thoughtful layout with separate living and family rooms, giving everyone room to spread out and entertain in comfort. The updated interior showcases fresh, contemporary finishes throughout, making this a true turnkey opportunity. Outside, this property truly shines. Enjoy summer nights on the large deck or relax in the enclosed patio, both overlooking a spacious, fully fenced backyard — perfect for pets, play, or entertaining guests in total privacy. A 2-car garage adds everyday convenience and extra storage.Ideally located in Milford, a charming and affordable MetroWest community known for its small-town feel, welcoming neighbors, and genuine sense of community. The town boasts a revitalized downtown, numerous parks and outdoor recreation options, and a wide variety of restaurants and shopping venues, along with a first-class regional hospital. Commuters will appreciate the easy access to major routes, as Milford sits conveniently along I-495, offering an easy commute to Boston, Worcester, and Providence. Families will also value the town's excellent public school district, along with its parks, recreational fields, and walking trails that support an active lifestyle.Don't miss your chance to own this beautifully updated home in one of MetroWest's most convenient and welcoming communities. Schedule your private showing today!

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 2,019 sq ft principal dwelling). Lot size: 25,382 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.