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1 Algonquin Rd Worcester — Photo 1 of 41

$595,000

Investment Analysis — 1 Algonquin Rd

Worcester, MA 01609

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01609 carries an estimated $2,650/mo in gross rent — about a 2.99% cap rate and $17,806/yr in estimated NOI at the $595,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,143

Style

Single Family

Built

1928

Classic Colonial offering generous living space, timeless character and recent updates in a desirable Worcester neighborhood setting. Freshly painted throughout with beautifully refinished hardwood floors, this home is move-in ready and filled with natural light. The spacious front-to-back living room features a traditional brick fireplace and classic mantel, while the formal dining room offers wainscoting and a French door. The bright kitchen provides abundant cabinetry, granite countertops, custom backsplash and a charming dining nook. Upstairs, the oversized primary suite includes a private full bath and two closets. The finished third floor adds valuable flexibility with a fourth bedroom and separate office area—ideal for working from home, guests or additional living space. Enjoy the three-season sunroom overlooking the level, partially fenced backyard. Additional improvements include first-floor vinyl replacement windows, a new boiler and recent water heater. Two-car attached garage completes the package.

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 2,143 sq ft principal dwelling). Lot size: 10,692 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.