
40 Black Bear Circle #40 Milford — Photo 1 of 21
$649,900
Investment Analysis — 40 Black Bear Circle #40
Milford, MA 01757
Based on HUD Small Area Fair Market Rent for Eastern Worcester County, MA HUD Metro FMR Area, a 2-bedroom in 01757 carries an estimated $2,270/mo in gross rent — about a 1.52% cap rate and $9,903/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,306
Style
Condominium
Built
2025
Milford’s newest and final Phase (#3) subdivision is now under construction! These free-standing single-family condominiums offer the perfect blend of privacy, style, and low-maintenance living. This Cape-style home features a spacious first-floor primary suite with a custom-tiled shower and flooring, plus an open-concept layout with a granite kitchen, island, and cabinet-packed design overlooking the dining and living areas. The second floor includes a large bonus room, second bedroom, and full bath—ideal for guests, office, or play space. Enjoy the perks of central air, a 2-car garage, and quality finishes throughout. Conveniently located with easy access to I-495 and nearby shopping, yet away from the downtown traffic. Visit our model today to pick out your finishes—customization at no extra cost! Phase 3 is the final opportunity—don’t miss out!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Shopping • Walk/Jog Trails • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Family Room
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl FirstWalk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Fatima Afonso
Listing Office: Afonso Real Estate
MLS® Number: 73498950