Active

67 Days on market

21 N Steele St Worcester — Photo 1 of 41

$449,900

Investment Analysis — 21 N Steele St

Worcester, MA 01607

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01607 carries an estimated $2,820/mo in gross rent — about a 4.49% cap rate and $20,203/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,380

Style

Single Family

Built

1974

Don't miss the opportunity to own a spacious 4-bedroom, 2 full-bath single-family home tucked away on a quiet dead-end street. This well-maintained property offers the perfect combination of comfort and space. The main living areas provide plenty of room for everyday living and entertaining, while the finished basement adds valuable flexible space for a family room, home office, gym, or recreation area. Stay comfortable year-round with central air conditioning. Enjoy the outdoors in the large backyard, complete with a patio that's perfect for relaxing or hosting gatherings. Additional highlights include a one-car garage and ample off-street parking. Conveniently located close to local amenities, shopping, restaurants, schools, and major routes. Don't miss the chance to make this wonderful property your new home!

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: 690 sq ft (the lesser of 900 sq ft or half the 1,380 sq ft principal dwelling). Lot size: 15,795 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.