160 Farm St Millis — Photo 1 of 20
$465,000
Investment Analysis — 160 Farm 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 4.75% cap rate and $22,098/yr in estimated NOI at the $465,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
824
Style
Single Family
Built
1954
Charming ranch-style home offering easy one-floor living with 3 bedrooms, 1 full bath, and a private fenced-in backyard. The kitchen was tastefully updated in 2021, while the boiler was replaced in 2017, (2) Mini Splits added in 2019, and the electrical panel has also been updated. The versatile floor plan offers comfortable living space with three bedrooms that can easily accommodate guests, a home office, or additional flex space. The unfinished basement offers room for expansion for play room, family room, home gym or what ever you can imagine. Outside, the fully fenced yard provides a wonderful extension of the living space for outdoor enjoyment, gardening, entertaining, or play. Lovingly maintained and full of charm, this home is the perfect opportunity for those looking for a manageable home with important updates already completed. A fantastic opportunity to call Millis, home!
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: 412 sq ft (the lesser of 900 sq ft or half the 824 sq ft principal dwelling). Lot size: 12,632 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.833333333 x 9.166666666
Ceiling Fan(s), Flooring - Hardwood, Cable Hookup
Kitchen
Lvl First18.416666666 x 18.083333333
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access
Primary Bedroom
Lvl First11.833333333 x 9.166666666
Closet, Flooring - Hardwood
Bedroom 2
Lvl First10.666666666 x 10
Bedroom 3
Lvl First9 x 8.25
Closet, Flooring - Hardwood
Bathroom 1
Lvl First4.666666666 x 7.583333333
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Candice Beecher
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73578106