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22 John F Kennedy Dr Millbury — Photo 1 of 41

22 John F Kennedy Dr Millbury — Photo 1 of 41

$775,000

Investment Analysis — 22 John F Kennedy Dr

Millbury, MA 01527

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 5-bedroom in 01527 carries an estimated $2,860/mo in gross rent — about a 2.24% cap rate and $17,333/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,439

Style

Single Family

Built

1968

Multigenerational living at its finest! Set in a desirable Millbury neighborhood, this truly unique property offers exceptional flexibility for extended family living, potential rental income, or simply room to spread out. The impressive rear residence is a custom post-and-beam home showcasing hand-carved structural beams with traditional mortise-and-tenon joinery and beautiful craftsmanship throughout. The open-concept design features an updated country-style kitchen with a center island, ample cabinet space, stainless steel appliances, granite countertops. Perfect for cooking, gathering, and entertaining. Two bedrooms are located on the first level, while the second floor is dedicated to an expansive primary suite complete with a large walk-in closet and spacious en-suite bathroom, creating a private retreat away from the main living areas. The rear residence also features a propane stove for supplemental heating and added comfort. The front original ranch-style home offers its own separate living space with a full kitchen, two bedrooms, one full bathroom, and an additional utility/laundry room. Ideal setup for multigenerational living, guests, or potential rental income. The outdoor space is just as special, featuring a stone fireplace, multiple maintenance-free decks, a heated above-ground pool, two storage sheds, and plenty of space to entertain and enjoy. Farmers porches across the front of both homes add charm and character. An oversized two-car garage at the rear of the property also provides additional heated/ac space above for storage or other possibilities. Fantastic neighborhood setting with exceptional commuter access to the Mass Pike, Route 20, Route 146, and I-290. A rare Millbury property offering two distinct living spaces, custom craftsmanship, incredible versatility, and a location that is hard to beat!

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 3,439 sq ft principal dwelling). Lot size: 16,384 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

Original Price$775,000
Annual Taxes$8,750

Parking

Garage2
Off-Street14

Interior Specifications

Total Rooms11
Fireplaces1
FlooringWood, Tile, Pine
BasementFull, Finished, Walk-Out Access

Climate & Utilities

HeatingCentral, Electric Baseboard, Propane, Leased Propane Tank
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofShingle
FoundationConcrete Perimeter
Zoningunk

Property & Lot

Acres0.38
SqFt Lot16,384
Lot FeaturesCleared, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$775,000

Sep 30, 2026

MLS® 73584687

Listed
$775,000

Sep 30, 2026

MLS® 73585814

Listing Provided By

Listing Agent: Monique Frigon

Listing Office: RE/MAX Generations

MLS® Number: 73584687