522 Chestnut Hill Millville — Photo 1 of 23
$350,000
Investment Analysis — 522 Chestnut Hill
Millville, MA 01529
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a home in 01529 carries an estimated $1,270/mo in gross rent — about a 2.92% cap rate and $10,233/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
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Beautiful 5-acre parcel offering privacy, natural beauty, and an excellent opportunity to build in Millville! Set back in a peaceful setting and bordered by classic New England stone walls, this property provides a private backdrop for your future home while offering a great location for commuting and everyday conveniences.A 4-bedroom septic design is available and will need to be updated, and a well completion report is available. These existing documents provide a helpful starting point for the next owner.An exceptional lot in a desirable location—bring your plans and create the home you've been waiting for!
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Lisa Gagnon
Listing Office: Cooperative Real Estate Professionals
MLS® Number: 73571381
