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3 Days on market
333 Mill Street Mansfield — Photo 1 of 1

333 Mill Street Mansfield — Photo 1 of 1

$850,000

Investment Analysis — 333 Mill Street

Mansfield, MA 02048

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02048 carries an estimated $3,390/mo in gross rent — about a 2.59% cap rate and $21,990/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,446

Style

Single Family

Built

1974

Welcome to 333 Mill Street in Mansfield! Offering approximately 2,446 sq. ft. of living space with 4 bedrooms and 3 bathrooms, this spacious home presents an excellent opportunity for buyers looking to create a home of their own The property is in need of some repairs and cosmetic updating but offers plenty of space and potential for the right buyer. With a generous floor plan and four bedrooms,there is ample room for a variety of living arrangements and future improvements.Conveniently located near Mansfield’s shopping, dining, schools, commuter routes, and area amenities. Bring your ideas and vision to unlock the full potential of this property.Property is being sold in AS-IS condition. Seller will not make repairs or improvements prior to closing. Buyers and buyer’s agents are encouraged to perform their own due diligence.

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 2,446 sq ft principal dwelling). Lot size: 1 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$850,000
Annual Taxes$8,927

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
Flooring--
BasementFull

Climate & Utilities

HeatingOil
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres--
SqFt Lot0.72
Lot Features--

Geography

Listing Provided By

Listing Agent: Sterlin Lundy

Listing Office: Boston Trust Realty Group

MLS® Number: 73579808