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1503-1503 Grafton Rd #A, Millbury, MA, 01527

2beds
1baths
859sqft
$329,000
$383price/sqft
$2,474/moest. monthly cost
$98,960/yrincome needed

About This Home

Convenient, affordable & charming! This adorable 2-bedroom, 1-bath home is a fantastic opportunity in Millbury. Located just seconds from the Mass Pike and minutes from Route 9 and Route 20, commuters will enjoy the easy access to major roadways while enjoying the comfort of a residential living. The interior is pleasant and inviting w/ hardwood floors and tons of natural light. Outside, the attractive yard provides privacy with space for gardening, entertaining, or simply relaxing. Off-street parking. Located within the East Millbury Business District, the property benefits from flexible zoning that may offer a variety of residential and business possibilities. An added bonus: the abutting front lot is also available for purchase, creating opportunities for generational living, expansion, and investment. Easy to show and full of potential, this charming property is a rare find in a fantastic commuter location.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

--
Elmwood Street SchoolGrades PK-23.4 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Range,Microwave,Refrigerator,Washer,Dryer
  • Laundry features: In Basement,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Bulkhead,Dirt Floor,Unfinished

Bathroom1

  • Level: First

Bedroom2

  • Features: Closet, Flooring - Hardwood
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Features: Flooring - Hardwood
  • Level: First

Features

  • Internet Available - Unknown
  • Flooring: Hardwood
  • Finished area above ground: 859

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 859
  • Total interior livable area: 859 sqft

Kitchen

  • Features: Flooring - Laminate
  • Level: First

Living Room

  • Features: Flooring - Hardwood
  • Level: First

Master Bathroom

  • Features: No

Master Bedroom

  • Features: Closet, Flooring - Hardwood
  • Level: Second

Property

Details

  • Parcel number: M:0006 B:0197 L:0000,3578614
  • Zoning: B1

Features

  • Patio & porch: Porch - Enclosed,Patio
  • Exterior features: Porch - Enclosed,Patio

Lot

  • Lot size: 0.37 Acres
  • Features: Wooded,Level

Parking

  • Parking features: Off Street,Paved
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Ice Storm
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,663$19,956
Home Insurance *$115$1,380
Property Taxes $342$4,104
Electricity $354$4,259
Total$2,474$29,688
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,822/yr
40% on housing$74,220/yr
45% on housing$65,973/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$383This listing

vs Other Active Listings

Avg $/sqft

ZIP 01527$240
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01527$287
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-01Price change$329,000
2026-05-31Listed for sale$349,000

For Sale by Agent

AgentJulie-Ann Horrigan
BrokerageRE/MAX Prof Associates

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