Investment Analysis — 1138 Wachusett St

Holden, MA 01520

Based on HUD Small Area Fair Market Rent, a 2-bedroom in 01520 carries an estimated $2,800/mo in gross rent — about a 5.05% cap rate and $20,208/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,135

Style

Single Family

Built

1935

Step into the charm of this lovingly maintained bungalow/Cape, proudly offered for the 1st time by its original owner. This handcrafted home is rich w/character & appeal, offering a warm & inviting atmosphere throughout. Inside you’ll find a sun-filled open kitchen w/ breakfast bar & in-formal area. Leading to the LR, where a cozy wood stove creates the perfect gathering space plus a separate dining room /study both w/hardwoods under the wall to wall carpeting. The 2nd floor features two comfortable bedrms & a 3 rm used as a den or office space. Set on a generous lot, the property includes a spacious yard w/a barn, offering endless possibilities for storage, hobbies, or future use. Whether you’re looking for a starter home, downsizing, or a project w/character, this home is full of potential & ready for its next chapter. Bonus features inc: 3 season room ,Updated elec panel , new flue , young heating system and easy highway access

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: 568 sq ft (the lesser of 900 sq ft or half the 1,135 sq ft principal dwelling). Lot size: 38,333 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.