Investment Analysis — 20 Ridgewood Rd

Worcester, MA 01606

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01606 carries an estimated $2,750/mo in gross rent — about a 5.18% cap rate and $20,739/yr in estimated NOI at the $399,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,240

Style

Single Family

Built

1943

COMING SOON - this charming 3-bedroom, 1-full-bath home perfectly situated on the Worcester/Holden line! Tucked away in a peaceful, private neighborhood, this quaint home offers the best of both worlds—quiet surroundings while being conveniently close to major routes, shopping, dining, and everyday amenities. Inside, you’ll find warm hardwood flooring and a comfortable main-level layout featuring a living room, kitchen, dining room, and a convenient bedroom. Two additional bedrooms are located upstairs, offering flexibility for family, guests, a home office, or hobbies. One of the home’s highlights is the bright, heated sunroom, filled with natural sunlight and providing easy access to the backyard—an inviting space to relax, entertain, or simply enjoy the changing seasons. Whether you’re a first-time homebuyer looking for a place to call your own, ready to downsize, or seeking an investment opportunity, this home offers charm, privacy, and a location that is hard to beat. Get ready for all that this cozy home has to offer!

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: 620 sq ft (the lesser of 900 sq ft or half the 1,240 sq ft principal dwelling). Lot size: 6,600 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.

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