
631 East Street #B201 Mansfield — Photo 1 of 42
Recent Drop: $30,900
$559,000
Investment Analysis — 631 East Street #B201
Mansfield, MA 02048
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02048 carries an estimated $2,560/mo in gross rent — about a 1.86% cap rate and $10,381/yr in estimated NOI at the $559,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,809
Style
Condominium
Built
2005
Mansfield. Enjoy easy, low-maintenance living in the desirable 55+ community of Heron Crest. With winding walking paths, ample guest parking, a charming mail house, and a gazebo, the community offers a welcoming lifestyle. One of the largest units in the complex, this spacious 1,809 sq. ft. home provides an open floor plan with convenient single-level living on the second floor, accessible by your private elevator or stairway from the foyer. Hardwood floors flow through the living room, kitchen, and primary bedroom, while tile enhances the baths, laundry room and foyer. The spacious second bedroom features attractive vinyl flooring with the look of hardwood. Relax by the gas fireplace or step outside to your private balcony. The kitchen features granite countertops, a breakfast bar with seating for four, an electric range, dishwasher, microwave, and disposal. The sun-filled primary suite offers a walk-in closet and private bath with dual granite vanities and a walk-in shower. A second full bath with tub/shower is conveniently located across from the second bedroom. A one-car garage with a rear storage closet and pull-down attic stairs provide plenty of storage. Close to shopping and major routes, this home combines space, comfort, convenience, and carefree living.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave
Neighborhood
Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second21.92 x 14.08
Flooring - Hardwood, Balcony / Deck
Dining Room
Lvl Second11.83 x 19
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Second13.42 x 13.83
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Lighting - Overhead
Master Bedroom
Lvl Main,Second20.75 x 12.08
Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second15.08 x 11.92
Bathroom 1
Lvl Second12.08 x 7.25
Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Enclosed Shower - Fiberglass
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$559,000
Was $579,900
Aug 17, 2026
MLS® 73537868
$579,900
Was $589,900
Jul 7, 2026
MLS® 73537868
$589,900
Jun 23, 2026
MLS® 73537868
Listing Agent: Lorraine Dematteo
Listing Office: Keller Williams Elite
MLS® Number: 73537868
