Investment Analysis — 20 Hillside Drive

Northbridge, MA 01588

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01588 carries an estimated $2,170/mo in gross rent — about a 4.08% cap rate and $16,291/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

840

Style

Single Family

Built

1954

Great opportunity to own in Northbridge! Welcome to 20 Hillside Drive, a charming 3-bedroom, 1-bath ranch offering comfortable single-level living and a great alternative to renting. Whether you're a first-time homebuyer, downsizing, or simply looking for a home you can make your own, this property is worth a look. Situated on approximately 0.43 acres, the yard offers plenty of space for entertaining, gardening, pets, or simply enjoying the outdoors. Public water and sewer add convenience, while the manageable layout makes this a great place to start building equity and investing in your future. Conveniently located near shopping, restaurants, local amenities, and major routes. Affordable opportunities like this don't come around every day. Schedule your private showing today!

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: 420 sq ft (the lesser of 900 sq ft or half the 840 sq ft principal dwelling). Lot size: 18,730 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 MLS and other third-party data may be inaccurate or out of date.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.