
164 Ridge Street Millis — Photo 1 of 41
$629,900
Investment Analysis — 164 Ridge Street
Millis, MA 02054 — Ridge abutting Oak Grove
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02054 carries an estimated $3,420/mo in gross rent — about a 3.74% cap rate and $23,573/yr in estimated NOI at the $629,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,432
Style
Single Family
Built
1969
Welcome home to this expanded Cape set on a country road with picturesque views of Oak Grove conservation land in the desirable town of Millis. The sun-filled living and family room (each featuring a large bay window and fireplace) lead to the tastefully updated kitchen boasting stainless steel appliances adorned by white cabinetry topped w/crown molding. The main level also includes a half bath plus a beautifully renovated full bath, two bedrooms with hardwood flooring, a mud room, a sun room plus two staircases (on opposite ends of the home) that lead to the upper level. Upstairs you will find a generous sized primary bedroom featuring a covered balcony overlooking the wooded backyard, a full bathroom, another bedroom with a built-in desk plus an office between the two bedrooms with built-ins and a very large unfinished closet. The office offers flexibility as an office, sitting room, playroom, den, etc. The upper level bedrooms and office have a closet and hardwood flooring. The lower level houses a laundry room, utility room and a partially finished room with built-ins. The exterior entry is flanked by two rock walls, an in-ground pool, flagstone patio and space for gardening. Other highlights include a freshly painted interior (2026) and exterior paint (2025), young roof (2025), ample storage and a flexible floor plan to customize to your needs. Millis features an award winning school system, lovely downtown with park, shops, restaurants and more. A great commuter location with just over 5 mi to the commuter rail and around 10 miles to Route 495 & Route 95. A wonderful opportunity in a great location near equestrian center and not far from Holliston & Sherborn.
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 2,432 sq ft principal dwelling). Lot size: 30,928 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
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19.333333333 x 11.25
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl Main,First19.333333333 x 11.25
Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Stainless Steel Appliances
Office
Lvl Second18.833333333 x 14.916666666
Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
Family Room
Lvl Main,First24.25 x 16.25
Beamed Ceilings, Window(s) - Bay/Bow/Box
Master Bedroom
Lvl Second20.083333333 x 17.416666666
Closet, Flooring - Hardwood, Balcony - Exterior, Slider
Bedroom 2
Lvl Main,First11.666666666 x 11.25
Bedroom 3
Lvl Second20.833333333 x 11.583333333
Ceiling Fan(s), Vaulted Ceiling(s), Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 4
Lvl Main,First11.583333333 x 11.25
Closet, Flooring - Hardwood
Bathroom 1
Lvl First6.5 x 2.916666666
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 4.833333333
Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl First7.916666666 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Property History
$629,900
Sep 11, 2026
MLS® 73575918
$300,000
Nov 10, 2010
MLS® 71125307
$299,900
Aug 18, 2010
MLS® 71125307
Listing Agent: Team Signature
Listing Office: Realty Executives Boston West
MLS® Number: 73575918
