
162 Clark St Worcester — Photo 1 of 32
$385,000
Investment Analysis — 162 Clark St
Worcester, MA 01606
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01606 carries an estimated $2,750/mo in gross rent — about a 5.33% cap rate and $20,510/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
936
Style
Single Family
Built
1950
Tucked into the heart of Burncoat, one of Worcester's classic tree-lined neighborhoods known for the highly regarded Burncoat schools and easy access to UMass Medical Center and the highway, this beautifully updated three-bedroom ranch delivers a rare combination of style, comfort, and efficiency on a corner lot. Inside, an open living and dining space flows together under oversized windows and gleaming hardwood floors. The updated kitchen shines with granite counters and new flooring that carries through into the bedrooms, while the second and third bedrooms retain warm hardwood floors and the primary suite offers a soft, modern gray carpet in excellent condition. The main-level bathroom has been fully renovated with a new tile shower, vanity, fixtures, and flooring, and newer vinyl replacement windows run throughout the home.Downstairs, the finished lower level adds real everyday value: a second full bathroom, a dedicated laundry room, and a flexible bonus room ready to become a home office, gym, or media space, plus a separate utility area for extra storage. Comfort is covered in every season with baseboard heat paired with mini-split heat pumps for efficient zoned cooling, all backed by an owned, fully paid-off solar array that covers nearly all of the home's electric costs, along with 200-amp electrical service.Outside, an oversized driveway is tucked behind the home for added privacy, leading to a fully fenced backyard retreat with a seating area, firepit, mature shade trees, a covered grill station, and a spacious custom shed. Thoughtful landscaping with mature plantings, shrubs, and flowers wraps the front, side, and back yards, and the roof is in great shape.This is a home that has been cared for and upgraded room by room, from the mechanicals to the finishes, with nothing left to do but move in and enjoy it. Add in the convenience of nearby shopping, highway access, and UMass Medical Center, and it is easy to see why this address does not come up for sale often.
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: 468 sq ft (the lesser of 900 sq ft or half the 936 sq ft principal dwelling). Lot size: 9,300 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Christopher Group
Listing Office: Compass
MLS® Number: 73579153

