28 Mulberry Ln Ashland — Photo 1 of 34
$599,000
Investment Analysis — 28 Mulberry Ln
Ashland, MA 01721
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01721 carries an estimated $4,330/mo in gross rent — about a 5.48% cap rate and $32,829/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,614
Style
Single Family
Built
1950
Welcome to 28 Mulberry Lane, Ashland! Set in a desirable Ashland location, 28 Mulberry Lane sits in a corner lot and offers the perfect blend of space, updates, and everyday convenience. This recently updated home sits on a generous lot with plenty of land, offering room to enjoy the outdoors, garden, play, and entertain. Inside, recent updates create a fresh, move-in-ready feel while the flexible four-bedroom floor plan offers options for bedrooms, a home office, guest space, or more. The basement offers versatile bonus space that can be used as a home office, playroom, workout area, hobby space, or additional storage. This home is in a really convenient part of Ashland. The downtown area is a short drive away, with a variety of local restaurats, cafes and shops. The Ashland Public Library is also close by. Commuters will also appreciate easy access to the Mass Pike and Route 9. This home is an excellent opportunity for buyers seeking an updated property. Come see everything this inviting home has to offer! Open house Saturday, September 12 from 11 am -1 pm, and Sunday September 13 from 11 am-1pm.
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: 807 sq ft (the lesser of 900 sq ft or half the 1,614 sq ft principal dwelling). Lot size: 15,250 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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Listing Agent: Enis Shehu
Listing Office: Cameron Real Estate Group - Framingham
MLS® Number: 73569189