28 Parker Hill Ave Milford — Photo 1 of 36
Recent Drop: $7,100
$437,900
Investment Analysis — 28 Parker Hill Ave
Milford, MA 01757 — Parker Hill Neighborhood
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 3-bedroom in 01757 carries an estimated $3,160/mo in gross rent — about a 5.50% cap rate and $24,088/yr in estimated NOI at the $437,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,248
Style
Single Family
Built
1926
Welcome to 28 Parker Hill Ave, a charming and well-maintained 3-bedroom, 1.5-bath home in a desirable Milford neighborhood. This inviting property features beautiful hardwood floors throughout much of the home, bright and comfortable living spaces, and a functional layout designed for everyday living. The eat-in kitchen offers ample space for family meals and entertaining. Outside, enjoy a spacious yard with room to relax, garden, or host gatherings, along with the convenience of 2 off-street parking spaces. Ideally located near schools, parks, shopping, restaurants, Milford Regional Medical Center, and major commuter routes including I-495, Route 16, and Route 85. Whether you're a first-time homebuyer, downsizing, or seeking a great investment opportunity, this home combines comfort, convenience, and value in a sought-after location. Don't miss this opportunity to make it yours!
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: 624 sq ft (the lesser of 900 sq ft or half the 1,248 sq ft principal dwelling). Lot size: 3,001 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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Park • Medical Facility • Laundromat • House of Worship • Public School
Geography
Property History
$437,900
Was $439,900
Sep 10, 2026
MLS® 73533312
$439,900
Was $445,000
Jul 23, 2026
MLS® 73533312
$445,000
Jun 10, 2026
MLS® 73533312
Listing Agent: Darcilane Oliveira
Listing Office: RE/MAX American Dream
MLS® Number: 73533312
