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183 Main St Boylston — Photo 1 of 42

$649,900

Investment Analysis — 183 Main St

Boylston, MA 01505

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01505 carries an estimated $3,460/mo in gross rent — about a 3.85% cap rate and $25,038/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

2,592

Style

Single Family

Built

1700

A rare opportunity to own a beautifully restored c.1700 Georgian Colonial offering timeless New England character with the benefits of an extensive renovation. Completely renovated to the studs in 2014, this distinctive home features wide-plank wood floors, exposed beams and seven fireplaces, four converted to gas. Renovations include a new roof, HardiePlank siding, windows, HVAC, electrical and plumbing. The house meets the current energy codes for MA. The first floor offers spacious living, dining and family rooms, a country kitchen and half bath. Upstairs are four bedrooms and a full bath. Two adjoining properties are also available separately, creating an unusual opportunity to expand the property: 183 AB Main, a two-family home on .73 acres, and 183 C Main, offering approximately 5.8 acres of open pasture, mature woodland, scenic countryside, barn and outbuildings.

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 2,592 sq ft principal dwelling). Lot size: 19,602 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.