
1459 Grafton Rd Millbury — Photo 1 of 34
$675,000
Investment Analysis — 1459 Grafton Rd
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01527 carries an estimated $2,860/mo in gross rent — about a 3.17% cap rate and $21,386/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,187
Style
Single Family
Built
1880
MOVE RIGHT IN.... Fully Renovated & Full of Possibilities! This beautifully renovated home offers extensive updates, spacious living, and unique potential for both residential and business use. Major improvements include a NEW roof, NEW windows, ALL NEW electrical and plumbing throughout, and refinished hardwood floors. The main level features a completely reconstructed kitchen with all-new cabinetry, Dekton countertops, a large center island, and all-new appliances. The kitchen opens to a generous dining area and family room, creating a comfortable and functional space for everyday living and entertaining. A new half bath is conveniently located off the family room. The spacious living room features large windows that fill the space with natural light. The second level offers a spacious primary bedroom with a beautifully updated bath featuring a tiled shower, double vanity, and clawfoot soaking tub. A second generously sized bedroom includes double closets, along with a newly renovated full bath with washer and dryer hookups. The third floor provides two additional bedrooms with all-new heating, offering flexibility for bedrooms, office space, or other needs. Additional improvements continue in the basement, which features a new concrete floor, added structural beams for additional support, and a new gas water heater. The property is zoned Industrial, providing potential for a business or other permitted use, subject to zoning and applicable approvals. The detached garage offers additional possibilities, with partially finished space above that could potentially be converted into a home office, studio, or ADU, subject to required approvals. With extensive renovations already completed, this property offers a rare combination of updated living space, flexible use, and additional potential.
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 2,187 sq ft principal dwelling). Lot size: 11,497 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 21
Closet, Flooring - Hardwood, Cable Hookup
Dining Room
Lvl First10 x 10
Flooring - Vinyl, Recessed Lighting
Kitchen
Lvl First19 x 13
Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Recessed Lighting, Remodeled, Lighting - Pendant
Family Room
Lvl First13 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
Primary Bedroom
Lvl Second13 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Third12 x 10
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Third13 x 12
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First8 x 3
Bathroom - Half, Flooring - Vinyl, Pocket Door
Bathroom 2
Lvl Second14 x 11
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Soaking Tub
Bathroom 3
Lvl Second10 x 9
Bathroom - Full, Bathroom - With Tub, Closet, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
Property History
$675,000
Sep 16, 2026
MLS® 73578512
$725,000
Jul 31, 2026
MLS® 73462878
$725,000
Jul 31, 2026
MLS® 73461587
$725,000
Dec 18, 2025
MLS® 73462878
$725,000
Dec 11, 2025
MLS® 73461587
$355,000
Apr 14, 2025
MLS® 73351881
$300,000
Apr 9, 2025
MLS® 73351881
Listing Agent: Pamela Smeagle
Listing Office: Mathieu Newton Sotheby's International Realty
MLS® Number: 73578512

