17 Teddy Road Worcester — Photo 1 of 39
$495,000
Investment Analysis — 17 Teddy Road
Worcester, MA 01603 — Cherry Valley
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01603 carries an estimated $2,420/mo in gross rent — about a 3.19% cap rate and $15,794/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,098
Style
Single Family
Built
2006
Vaulted ceilings and natural light welcome you into this exceptional Raised Ranch in a cozy neighborhood on a dead end street! The main level is an entertainer’s dream with an open concept formal living room with gorgeous hardwood floors, picture window, custom blinds, ceiling fan and adjacent dining room with access to the deck through French doors. The large kitchen is impressive and beautiful with ample cabinets trimmed with crown molding, stainless steel appliances, granite countertops, tile backsplash, eat-in area along with adjacent pantry closet. All three bedrooms are on the main level. Main bedroom has large closet, custom blinds and a vaulted ceiling with fan. The en suite bath has a tub/shower combination, tile floor, oversized vanity and linen closet. Two additional bedrooms, one with a vaulted ceiling, each have large closets, custom blinds and ceiling fans. Guest bathroom has a tub/shower combination, tile floor, linen closet and oversized vanity. Head down one level to find the huge family room with double-hung windows, custom blinds, storage closets and third bathroom with tile floor and shower - this lower level area is great for guests! Laundry room with washer and dryer and adjacent storage area with second refrigerator. Backyard offers a spacious deck, storage shed and play area. Central air, two-car garage, vinyl siding, and so much more! Great commuter location and near the Leicester line.
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 2,098 sq ft principal dwelling). Lot size: 6,500 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 • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Exterior Access, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,FirstCathedral Ceiling(s), Flooring - Hardwood, French Doors, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Pendant
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead, Half Vaulted Ceiling(s)
Family Room
Lvl BasementCloset, Flooring - Wall to Wall Carpet, Cable Hookup, Lighting - Overhead
Primary Bedroom
Lvl Main,FirstBathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead, Half Vaulted Ceiling(s)
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Ceiling Fan(s), Closet - Linen, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Ceiling Fan(s), Closet - Linen, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Listing Agent: Roland Gelinas
Listing Office: Keller Williams Realty
MLS® Number: 73584957
