217 W Main Street Northborough — Photo 1 of 42
$584,900
Investment Analysis — 217 W Main Street
Northborough, MA 01532
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01532 carries an estimated $3,080/mo in gross rent — about a 3.78% cap rate and $22,106/yr in estimated NOI at the $584,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,464
Style
Single Family
Built
1956
Beautifully updated and ready for its new owners! This Northborough home has been completely renovated with a mix of modern finishes and comfortable living space. The main level features a new kitchen with quartz countertops, modern cabinets, tile backsplash, and stainless steel appliances, along with a new full bathroom, tile flooring, updated windows and doors, refinished hardwood floors, and a fireplace. The finished lower level adds even more space with a bedroom, full bathroom with shower, laundry area, and a separate exterior entrance. It can be used for guests, extended family, a home office, or other approved uses. The home also has a new 200-amp electrical panel and wiring, four mini-splits for heating and cooling, new siding, and a new driveway. Public water and sewer. The corner location is convenient to the post office, shopping, and Lincoln St. Elementary and Middle Schools.
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: 732 sq ft (the lesser of 900 sq ft or half the 1,464 sq ft principal dwelling). Lot size: 10,001 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First23.5 x 11.6
Flooring - Wood
Kitchen
Lvl Main,First11.6 x 13
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Family Room
Lvl Basement13.6 x 10.7
Flooring - Laminate
Primary Bedroom
Lvl Main,First13.3 x 11.3
Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First9.1 x 9.6
Bedroom 3
Lvl Basement13.3 x 10.6
Closet, Flooring - Laminate, Exterior Access
Bathroom 1
Lvl Main,First11.5 x 5
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Basement8.6 x 6
Bathroom - Full
Listing Agent: Maria Troka
Listing Office: A & E Realty Company, Inc.
MLS® Number: 73579829
