29 S Central St Milford — Photo 1 of 42
$715,000
Investment Analysis — 29 S Central St
Milford, MA 01757
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 4-bedroom in 01757 carries an estimated $3,540/mo in gross rent — about a 3.39% cap rate and $24,216/yr in estimated NOI at the $715,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,225
Style
Single Family
Built
1998
Beautifully maintained and filled with warmth, this inviting Milford home offers the kind of space and comfort that instantly feels welcoming. Sunlight pours through the living areas, creating an easy flow throughout the home, while updated flooring in the kitchen, living room, dining room, and bathrooms adds a fresh, modern feel. The kitchen features granite countertops, newer stainless steel appliances, and plenty of room to gather, cook, and entertain. With 4 bedrooms, including 3 upstairs and a flexible additional bedroom in the basement, the layout offers room to grow, host, work, or unwind. Multiple living spaces, including a spacious family room and basement area, create options for movie nights, a home office, gym, or playroom. One of the home’s standout features is the beautiful screened-in porch — the perfect spot for morning coffee, summer nights, or relaxing while overlooking the backyard. Ideally located near Milford Center, shopping, restaurants, parks, & commuter routes.
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 2,225 sq ft principal dwelling). Lot size: 53,309 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second16.25 x 11.166666666
Dining Room
Lvl Second12.416666666 x 11.083333333
Kitchen
Lvl Second13.166666666 x 11.583333333
Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Family Room
Lvl Second23.583333333 x 21.083333333
Primary Bedroom
Lvl Third12.416666666 x 15.583333333
Bedroom 2
Lvl Third12.5 x 10.916666666
Bedroom 3
Lvl Third11.583333333 x 10.333333333
Bedroom 4
Lvl First9.666666666 x 10.833333333
Bathroom 1
Lvl Third9.166666666 x 7.083333333
Listing Agent: Gundersheim Group Real Estate
Listing Office: Commonwealth Standard Realty Advisors
MLS® Number: 73517603
