Active

12 Days on market

375 Union St Millis — Photo 1 of 40

$629,000

Investment Analysis — 375 Union 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 2.96% cap rate and $18,649/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,822

Style

Single Family

Built

1955

Welcome to this charming 3/4-bedroom, 2-bath Cape style home. The first floor offers a comfortable and versatile layout featuring a spacious family room with fireplace, inviting living room, guest room or home office, and a bright kitchen with dining area. A full bath with tub/shower complete the first floor. Upstairs, you’ll find three generously sized bedrooms and a full bath, providing plenty of space for family and guests. Outside, enjoy the large fenced-in yard, perfect for entertaining, play, gardening, or simply relaxing outdoors. A wonderful opportunity to make this well-located Millis home your own! Showings begin at the open houses Saturday 9/26 11-1230 and Sunday 9/27 11-1230.

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 1,822 sq ft principal dwelling). Lot size: 24,829 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 MLS and other third-party data may be inaccurate or out of date.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.