306 South Douglas — Photo 1 of 19
$405,000
Investment Analysis — 306 South
Douglas, MA 01516
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01516 carries an estimated $2,660/mo in gross rent — about a 4.91% cap rate and $19,882/yr in estimated NOI at the $405,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
960
Style
Single Family
Built
1991
Don’t miss this opportunity to own a 3-bedroom, 1-bath ranch nestled on just over 2 acres of peaceful, private land. Set well back from the road, this property offers a quiet and tranquil setting with plenty of room to enjoy the outdoors and create your own private retreat. The 960-square-foot home offers a comfortable layout with three bedrooms and a full bathroom and a spacious kitchen. The large basement provides an exciting opportunity for additional living space, a home gym, workshop, recreation room, or whatever your vision may be. With just over 2 acres of privacy, this property is a wonderful opportunity for buyers looking for space, peace, and the ability to make a home truly their own. Come see all that this Douglas property has to offer!
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: 480 sq ft (the lesser of 900 sq ft or half the 960 sq ft principal dwelling). Lot size: 91,040 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 MLS and other third-party data may be inaccurate or out of date.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
Electric Water Heater • Range • Refrigerator • Washer • Dryer
Geography
Listing Agent: Kallie Moar
Listing Office: Citylight Homes LLC
MLS® Number: 73578531
