8 Glenmere Rd Charlton — Photo 1 of 29
$479,000
Investment Analysis — 8 Glenmere Rd
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01507 carries an estimated $2,490/mo in gross rent — about a 3.96% cap rate and $18,965/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,076
Style
Single Family
Built
1978
4 bedrooms, 2 baths, and a large deck with a walkout basement underneath it. This home has the kind of space you're looking for. On the first floor, there is one bedroom (which could also be used as an office space), the living room, kitchen, and formal dining room as well as a mudroom. Upstairs, you've got three bedrooms, a full bathroom, and a large walk in closet outside the primary bedroom that is big enough to convert into a private primary bath. The unfinished lower level is ready for storage, a workshop, or future finished space. The home was insulated through Mass Save in January 2026, with new insulation in both the attic and the basement. A wonderful size mudroom with additional cabinetry and an additional refrigerator that is about 3 years old which will stay for the new buyer. Seller is open to negotiating furniture, snowblower, lawn mower, dining room table, etc.
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 2,076 sq ft principal dwelling). Lot size: 39,025 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.
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Living Room
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Lvl SecondListing Agent: Anne Oakman
Listing Office: Media Realty Group Inc.
MLS® Number: 73579170
