
128 Baldwin Street Leicester — Photo 1 of 29
$599,900
Investment Analysis — 128 Baldwin Street
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01524 carries an estimated $2,250/mo in gross rent — about a 2.41% cap rate and $14,462/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,463
Style
Single Family
Built
1996
Spacious living meets a peaceful rural setting in this expanded Farmers Porch Colonial with a 2-car garage, set on nearly an acre. The open first-floor plan features generous living space and a family room option with a cathedral ceiling and access to a multi-level deck overlooking the large, private backyard. The kitchen provides abundant storage, a breakfast peninsula, and a generous dining area open to a spacious living room. The first-floor primary suite offers convenient main-level living with a cathedral ceiling, private en suite bath, huge walk-in closet, and dressing area. Three spacious bedrooms are located on the second floor, including the original primary bedroom with a private bath and tiled shower. The lower level features an impressive recreation room plus plenty of storage. A newly installed fence creates the perfect setting for entertaining, relaxing, and outdoor enjoyment. The property also features a new 12' x 20' shed offering plenty of additional storage. Additional highlights include a high-efficiency Buderus boiler with BoilerMate, newer oil tank, and generator hookup. A spacious and versatile home with exceptional outdoor space, privacy, and a beautiful level lot!
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 3,463 sq ft principal dwelling). Lot size: 40,249 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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate
Dining Room
Lvl FirstFlooring - Laminate
Kitchen
Lvl FirstFlooring - Laminate, Countertops - Upgraded, Breakfast Bar / Nook, Open Floorplan, Lighting - Overhead
Family Room
Lvl Main,FirstCathedral Ceiling(s), Flooring - Laminate, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl Main,FirstBathroom - Full, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Vinyl, Window Seat
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Shower Stall, Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half, Pedestal Sink
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Jason Tominsky
Listing Office: Afonso Real Estate
MLS® Number: 73580662
