130 Island Rd Millis — Photo 1 of 22
$750,000
Investment Analysis — 130 Island Rd
Millis, MA 02054
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02054 carries an estimated $3,090/mo in gross rent — about a 2.61% cap rate and $19,574/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,872
Style
Single Family
Built
1984
Welcome home to this well-maintained 3-bedroom, 2.5-bath Colonial, perfectly situated on a private, wooded lot that feels like your own peaceful retreat. Enjoy the feeling of being on vacation right at home, whether you’re relaxing while overlooking the backyard or spending time in the spacious front yard surrounded by rustic gardens. Inside, you’ll find an updated kitchen and baths, along with the added peace of mind of a roof replaced in 2020 and a new well and water filtration system. The hot water tank is also less than a year old. The partially finished walk-out basement offers flexible space that’s perfect for a home gym, playroom, office, or additional living area. Just a short walk to the park and soccer fields.
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 1,872 sq ft principal dwelling). Lot size: 64,469 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Dishwasher • Microwave • Refrigerator
Neighborhood
Park
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Deck - Exterior, Slider
Dining Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail
Kitchen
Lvl FirstFlooring - Laminate, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Lighting - Pendant
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded
Bathroom 2
Lvl SecondBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Bathroom 3
Lvl nullBathroom - With Shower Stall, Countertops - Upgraded, Cabinets - Upgraded
Listing Agent: Susan Kuphal
Listing Office: Realty Executives Boston West
MLS® Number: 73576049