334 Wheelwright Rd Barre — Photo 1 of 40
$175,000
Investment Analysis — 334 Wheelwright Rd
Barre, MA 01005
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01005 carries an estimated $2,290/mo in gross rent — about a 9.83% cap rate and $17,196/yr in estimated NOI at the $175,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,152
Style
Single Family
Built
1971
Selling as Short Sale!! Attention Investors ***Cash or rehab loans only.*** Needs roof, structural, and cosmetic repairs due to roof leaks. Also, needs hot water heater, and exhaust pipe replacement to be able to use oil furnace and hot water heater. This diamond in the rough needs a contractor to bring it up to par. On a happier note, charming 70's era 3 bedroom 1 bath manufactured home on nice 1/2 acre lot. Recent forced hot air by oil heating system. Cute setting with a horseshoe driveway, back porch off of the dining room to enjoy summer nights. Town water, and sewer. Could be an affordable place to live, or to flip. Home is occupied! Do not enter without appointment!
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: 576 sq ft (the lesser of 900 sq ft or half the 1,152 sq ft principal dwelling). Lot size: 24,100 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 MLS and other third-party data may be inaccurate or out of date.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
Water Heater • Range • Dishwasher
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Listing Agent: Kim And Jay Team
Listing Office: RE/MAX Prof Associates
MLS® Number: 73579733
