35 Fountain St Milford — Photo 1 of 40
$479,900
Investment Analysis — 35 Fountain St
Milford, MA 01757
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 3-bedroom in 01757 carries an estimated $3,160/mo in gross rent — about a 5.00% cap rate and $23,976/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,525
Style
Single Family
Built
1967
Welcome to this 3 bedroom. 1.5 bath, ranch-style home. The main level includes a living room with a fireplace, a dining area and a fully equipped kitchen with stainless steel appliances, granite countertops and a center island for seating and extra storage. Refinished hardwood flooring runs throughout the first floor. The finished lower level features a 21' x 17' family room with carpeting and an adjacent large finished room with a half bath, laundry/utility area. Additional storage space in mechanical room. Complete with a one-car garage, this home is situated in a convenient commuter location within walking distance to local schools and parks. New expanded driveway to be installed.
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: 763 sq ft (the lesser of 900 sq ft or half the 1,525 sq ft principal dwelling). Lot size: 7,100 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Michael Rawding
Listing Office: Rawding Realty
MLS® Number: 73582904
