Investment Analysis — 339 Plain St

Millis, MA 02054

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02054 carries an estimated $3,090/mo in gross rent — about a 3.83% cap rate and $19,156/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,894

Style

Single Family

Built

1948

**Welcome Home, this classic 1948 home has timeless character on a generous 0.28-acre lot in Millis.**This 7-room, 3-bedroom home pairs mid-century charm with smart updates, including a brand-new furnace installed in November 2025. The heart of the home is the inviting great room, where a fireplace sets the scene for cozy New England evenings. The updated kitchen offers modern style and function for everyday cooking and entertaining, and the dining area makes hosting easy. Two bedrooms and a full bath on the main floor offer convenient one-level living, while upstairs you'll find a third bedroom plus a bonus space that would make a great home office, studio, or reading nook.Outside, the spacious yard gives you room to garden, play, or simply relax, and the paved driveway fits up to four cars. Downstairs, the basement is ready to be finished, offering a blank canvas for a playroom, gym, media room, or extra living space to grow into.The location puts you minutes from Millis center's shops, dining, and town amenities, with easy access to Routes 109 and 115 and commuter rail options in nearby towns. Move-in ready comfort with room to add value. Don't miss it!

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 1,894 sq ft principal dwelling). Lot size: 12,196 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.