1280 Main Millis — Photo 1 of 5
Recent Drop: $200,000
$2,400,000
Investment Analysis — 1280 Main
Millis, MA 02054
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02054 carries an estimated $2,070/mo in gross rent — about a -0.41% cap rate and $-9,922/yr in estimated NOI at the $2,400,000 list price. Adjust every assumption in the calculator below.
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Exceptional 36-acre land opportunity in Millis, MA. Approximately 10 acres are cleared and ready for immediate use, ideal for development, agriculture, or other ventures. A portion of the property is leased to a reputable solar company, currently in year 8 of a 25-year agreement, generating consistent passive income while supporting renewable energy. All equipment shown in photos will be removed prior to closing. Millis offers a desirable blend of small-town charm and convenient access to Greater Boston. This property’s size, versatility, and income profile make it attractive for developers, investors, and end users seeking both immediate utility and long-term upside. Financial details regarding the solar lease and income stream are available upon request. A rare chance to secure a substantial landholding with a balance of cleared acreage and reliable income in a growing community.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property History
$2,400,000
Was $2,600,000
Jun 5, 2026
MLS® 73488593
$2,600,000
Mar 18, 2026
MLS® 73488593
Listing Agent: Blake La Grassa
Listing Office: Compass
MLS® Number: 73488593
