Investment Analysis — 792 Mill St

Marion, MA 02738

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02738 carries an estimated $2,560/mo in gross rent — about a 5.22% cap rate and $20,308/yr in estimated NOI at the $389,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,080

Style

Single Family

Built

1987

Rarely does a gem this versatile hit the market! This adorable 2-bedroom, 1-bathroom home is situated on a desirable level lot featuring a fully fenced backyard—perfect for pets, gardening, or outdoor entertaining.Affectionately dubbed the "45-Minute Cottage," this property is the definition of low-maintenance living; it takes just 45 minutes to clean up, close up, and hit the road. Whether you are searching for an acTcessible starter home, a turnkey second home with lucrative rental potential, or a simplified retirement retreat, this property fits the bill. The enclosed sun porch offers the perfect respite for summer evenings or can serve as an additional sleeping area. Just steps to Fieldstone's Market for gourmet foods and housemade ice cream, and a short walk to outer Marion Village. Hiking trails in Grassi Bog are just across the road! This is a lovely gem of charm, convenience and comfort!

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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 8,516 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.