Active
22 Days on market
32 Cedar St Millis — Photo 1 of 39

32 Cedar St Millis — Photo 1 of 39

Recent Drop: $40,000

$939,000
$899,000

$899,000

Investment Analysis — 32 Cedar St

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 1.89% cap rate and $16,960/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,568

Style

Single Family

Built

1958

Discover a rare 14-acre estate or equestrian offering in Millis, where character, privacy, and expansive pastoral views come together in a truly unique property. The inviting family room features a striking oversized stone fireplace accented with white and subtle pink brick, a wood-burning stove, and beautiful old-growth, wide-plank Eastern pine flooring. Walls of windows showcase sweeping views of rolling hills and open meadow. The first floor offers two generously sized bedrooms; one with bamboo flooring and the other (off a separate mudroom) that can also be used as a private office for any home office use with sliding glass doors and additional old-growth wide-plank flooring. Centrally located between the two bedrooms, there is a welcoming flow into the chef’s kitchen, complete with abundant cabinetry, stainless steel appliances, and a second wood-burning stove. Upstairs, the spacious primary suite enjoys palatial views of the surrounding acreage and features a renovated full bathroom. Outside, the equestrian amenities include a six-stall horse barn with a large hayloft above, along with electric and water; the water system will need a new pump. Whether envisioned as an equestrian property, private family compound, or estate retreat, this eccentric and character-filled offering is a true must-see—a rare Millis jewel not to be missed.

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 2,568 sq ft principal dwelling). Lot size: 606,791 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

Open Houses

Property Details

Financials

Original Price$939,000
Annual Taxes$11,221

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms7
Fireplaces2
FlooringWood, Bamboo, Flooring - Wood
BasementNone

Climate & Utilities

HeatingNatural Gas
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningI-P

Property & Lot

Acres13.93
SqFt Lot606,791
Lot FeaturesWooded

Amenities & Appliances

Gas Water Heater • Oven • Range • ENERGY STAR Qualified Dishwasher • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBathroom 2
First
KitchenFamily RoomBedroom 2Bedroom 3Bathroom 1
Kitchen
Lvl First

Beamed Ceilings, Flooring - Stone/Ceramic Tile, Dining Area, Recessed Lighting

Family Room
Lvl First

Beamed Ceilings, Vaulted Ceiling(s), Flooring - Wood, Window(s) - Picture, Recessed Lighting

Master Bedroom
Lvl Second

Bathroom - Full, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Tiled With Shower Stall

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub & Shower

Property History

Price Drop
$899,000

Was $939,000

Aug 21, 2026

MLS® 73566625

Listed
$939,000

Aug 21, 2026

MLS® 73566625

Listing Provided By

Listing Agent: Mark Mcgowan

Listing Office: Redfin Corp.

MLS® Number: 73566625