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375 and 0 Gilbert St Mansfield — Photo 1 of 3

375 and 0 Gilbert St Mansfield — Photo 1 of 3

$1,575,000

Investment Analysis — 375 and 0 Gilbert St

Mansfield, MA 02048

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02048 carries an estimated $3,080/mo in gross rent — about a 0.58% cap rate and $9,190/yr in estimated NOI at the $1,575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,500

Style

Single Family

Built

2013

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!

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 2,500 sq ft principal dwelling). Lot size: 435,600 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

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

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Laminate, Hardwood
BasementFinished, Walk-Out Access

Climate & Utilities

HeatingCentral, Electric Baseboard
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR-1

Property & Lot

Acres10
SqFt Lot435,600
Lot FeaturesAdditional Land Avail.

Amenities & Appliances

Range • Oven • Dishwasher • Microwave • Refrigerator

Geography

Listing Provided By

Listing Agent: Vladimir Frenkel

Listing Office: Keller Williams Elite - Sharon

MLS® Number: 73582849