Investment Analysis — 16 Charlton St

Sturbridge, MA 01566 — The common

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01566 carries an estimated $2,850/mo in gross rent — about a 5.63% cap rate and $21,379/yr in estimated NOI at the $379,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,560

Style

Single Family

Built

1900

Location, lifestyle, and incredible potential converge at this address! Nestled just steps away from the historic Sturbridge Town Common, this vintage home places you at the very heart of town life—walk out your front door to enjoy the weekly farmers markets, seasonal community annual Fall Harvest festival, and local dining favorites. While public records list the square footage, the actual interior layout is delightfully deceiving. The moment you step inside, you will find a functional, uniquely spacious floor plan that flows beautifully and feels significantly larger than expected. It is the perfect canvas for a handy homeowner, contractor, or old-home enthusiast looking to restore classic New England character while building immediate sweat equity. Bring your creative vision to let this property’s historic charm truly shine. For those who travel, the location is a commuter’s dream. Enjoy premier proximity to major transit routes with effortless, minutes-away access to the Mass Pike (I-90), I-84, and Route 20, alongside all of Sturbridge’s excellent shopping and dining conveniences. Property is being sold in "as-is" condition. Don't miss this rare opportunity to secure a spacious vintage property in one of Sturbridge's most walkable and highly sought-after historic pockets!

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: 780 sq ft (the lesser of 900 sq ft or half the 1,560 sq ft principal dwelling). Lot size: 6,534 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.