
115 River Rd Rutland — Photo 1 of 40
Recent Drop: $54,000
$685,000
Investment Analysis — 115 River Rd
Rutland, MA 01543 — North Rutland
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01543 carries an estimated $2,250/mo in gross rent — about a 1.85% cap rate and $12,695/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,247
Style
Single Family
Built
1999
BUYERS — WE HEARD YOU! PRICE REDUCED AND READY FOR YOU! Come home to your own private 5.7-acre wooded retreat! Tucked away at the back of the property, this 1999 Farm-Style Contemporary Cape offers privacy, peaceful beauty, and plenty of land to enjoy. The beautifully landscaped front yard features terraced lawns, fruit trees, and a spectacular old stone patio surrounding a firepit. A deck and covered front porch overlook the grounds and provide wonderful spaces to relax and enjoy the setting. Inside, the open-concept first floor is designed for easy living and entertaining, with the kitchen, dining area, and spacious living room flowing seamlessly together. The living room features a cathedral ceiling and large picture window overlooking the property. The first-floor primary suite offers a generous walk-in closet and spacious private bath, plus a convenient half bath for guests.Upstairs, you’ll find three bedrooms, a full bath, and a balcony. One of the bedrooms is exceptionally large and offers wonderful flexibility for a bedroom, office, studio, or bonus space. The unfinished basement includes a garage door and offers the potential to create an under-home single-car garage or additional finished space. Recent updates include new kitchen appliances (2021), new carpeting (2022), and fresh interior and exterior paint. The kitchen has been beautifully refreshed with a new island, countertops, recessed and pendant lighting, and new LVP flooring. An above-ground pool and fenced side yard add even more outdoor enjoyment. Just one mile to the Comet Pond boat ramp and conveniently located just off Route 62. Enjoy easy access to Mount Wachusett, approximately 18 minutes away, along with Rutland’s highly regarded school system and Right to Farm community. If you love privacy, nature, and having room to enjoy the outdoors, this property offers a wonderful place to call home!
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 2,247 sq ft principal dwelling). Lot size: 248,292 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 • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Pool • Park • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First30 x 17
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Vinyl, Window(s) - Picture, Exterior Access, Open Floorplan
Dining Room
Lvl First11 x 10
Flooring - Vinyl, Open Floorplan
Kitchen
Lvl First14 x 11
Flooring - Vinyl, Kitchen Island, Open Floorplan, Stainless Steel Appliances
Primary Bedroom
Lvl First17 x 12
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Vinyl
Bedroom 2
Lvl Second19 x 12
Bedroom 3
Lvl Second12 x 11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second12 x 10
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Closet, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First12 x 10
Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Bathroom 3
Lvl Second10 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$685,000
Was $739,000
Sep 20, 2026
MLS® 73562107
$739,000
Was $749,000
Sep 9, 2026
MLS® 73562107
$749,000
Aug 12, 2026
MLS® 73562107
Listing Agent: Janet Schoeny
Listing Office: RE/MAX Vision
MLS® Number: 73562107








