234 Purchase St Milford — Photo 1 of 28
$650,000
Investment Analysis — 234 Purchase St
Milford, MA 01757
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 2-unit multi-family in 01757 carries an estimated $6,320/mo in gross rent — about a 7.66% cap rate and $49,789/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
2,095
Style
2 Family - 2 Units Side by Side
Built
1800
Renovated two-family sitting on 1+ acres offering an exceptional opportunity for an owner occupant or investor! Ideally located just minutes from Routes 495, the Mass Pike, Route 135 and Route 85, this beautifully updated property is truly move-in ready. Major improvements include all new plumbing, electrical, heating, roof, siding and insulation, along with completely renovated kitchens and bathrooms and new or refinished flooring throughout. And then there’s the enormous backyard, a rare feature with tremendous potential. Whether you envision a spacious area for entertaining, a large garage, or additional living space, the possibilities for this expansive yard are exciting. With so much of the heavy lifting already completed, this is an opportunity to own a two-family property without taking on the major renovation headaches. Now it’s ready for you to enjoy and make it your own.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Highway Access • Public School
Geography
Listing Agent: Lioce Properties Group Powered By Keller Williams
Listing Office: Lioce Properties Group powered by Keller Williams
MLS® Number: 73579181
