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223 Federal Hill Rd Oxford — Photo 1 of 42

$849,900

Investment Analysis — 223 Federal Hill Rd

Oxford, MA 01540

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01540 carries an estimated $2,080/mo in gross rent — about a 1.53% cap rate and $13,036/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,650

Style

Single Family

Built

1959

FARM LIFE or BUILDERS/DEVELOPERS Rarely does a property with this much history and potential reach the market. Spanning 20+ sprawling acres on the coveted Federal Hill Road, this Estate offers a unique blend of agricultural heritage and future possibility. For over 40 years, this land flourished as a beloved vegetable farm, home to the local legend "Tomato Queen" with the farm stand. Today, the grounds remain a lush tapestry of gardens, blueberry bushes, and blackberry patches, all set against a backdrop of gently sloped terrain, serene woods, and existing greenhouses. The heart of the property is a 1,650-square-foot Ranch that truly defines "good bones." Inside, you’ll find a spacious kitchen featuring nostalgic details like a built-in bread box and lazy Susan, alongside a dedicated dining room and three comfortable bedrooms. While the home awaits your modern touch, its solid footprint provides a sturdy foundation for a custom renovation. Whether you are looking to embrace the "farm life" and continue the agricultural legacy of this Chapter 61A land, or you are a developer eyeing the significant street frontage and multiple joining lots, the opportunities here are vast. The expansive acreage provides a rare canvas for a variety of visions. Located with the commuter in mind, this property sits just minutes to I-290/395, the Mass Pike, and Route 20, offering a balance of rural tranquility and regional connectivity. This is an Estate sale, and the property is being sold with all existing structures in place. Bring your vision to Federal Hill Road and own a piece of Oxford’s farming history.

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: 825 sq ft (the lesser of 900 sq ft or half the 1,650 sq ft principal dwelling). Lot size: 879,040 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.