Canceled
16 Days on market
381 Willow St Mansfield — Photo 1 of 36

381 Willow St Mansfield — Photo 1 of 36

$575,000

Investment Analysis — 381 Willow St

Mansfield, MA 02048

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02048 carries an estimated $3,080/mo in gross rent — about a 3.62% cap rate and $20,788/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,539

Style

Single Family

Built

1926

Hold your horses! We've been anxiously awaiting the launch of this beautifully maintained home. The sellers were more than meticulous in making 381 their own, and you'll reap the benefits of their attention to detail. Recent updates include a new heating system, central air and a fully renovated kitchen and half bath plus a gorgeous outdoor living space where the sellers poured both vision and capital. Your private, sprawling green space is ideal for gardeners, soccer games and outdoor soirées. Inside, rich hardwood floors run throughout and walls of windows bring in a sunny, airy feel. Upstairs you'll find three spacious bedrooms and full bath. The expansive basement doubles as a home gym and handyman's workshop. Here's your chance to be moved in by early fall just in time to watch the Patriots take on the Buffalo Bills with a crackling fire in the wood burning fireplace as the leaves turn. And the location delivers: Commuter Rail, top schools, Main Street shops and 495 access all within 2 miles, plus F. Gilbert Hills and Borderland State Parks nearby for hiking, biking, and horseback riding. So there you have it! So much packed into this outstanding value but don't just take our word for it, come see for yourself at one of our open houses!

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: 770 sq ft (the lesser of 900 sq ft or half the 1,539 sq ft principal dwelling). Lot size: 10,960 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

Original Price$575,000
Annual Taxes$7,302

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringFlooring - Hardwood
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRes

Property & Lot

Acres0.25
SqFt Lot10,960
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

24 x 14

Flooring - Hardwood

Dining Room
Lvl First

11 x 13

Flooring - Hardwood

Kitchen
Lvl First

12 x 15

Flooring - Hardwood, Pantry

Master Bedroom
Lvl Second

17 x 14

Flooring - Hardwood

Bedroom 2
Lvl Second

10 x 13

Bedroom 3
Lvl Second

10 x 10

Flooring - Hardwood

Bathroom 1
Lvl First

Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Cahill+Co. Team

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73568883