
231 Worcester Road Princeton — Photo 1 of 30
$625,000
Investment Analysis — 231 Worcester Road
Princeton, MA 01541
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01541 carries an estimated $2,380/mo in gross rent — about a 2.30% cap rate and $14,362/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,208
Style
Single Family
Built
1978
Tucked back from the road and framed by mature trees is where you will find this lovely home. The covered patio spanning the front of the home leads you to the oversize 2 car garage where you will have plenty of storage space as well. Large dine in kitchen is cabinet packed and perfect for everyday dining complete with all appliances included. Open to family room with wood burning fire place , hardwood floors and french door to private flat yard making this the perfect place to relax. Formal dining room can accommodate large gatherings welcoming you to the from to back living room all with hardwood floors and beamed ceiling accents. 2nd level continues with hardwood floors and three large bedrooms including the primary suite with walk in closet and private bath . Exterior offers a Large level yard, close to local restaurants and minutes from Princeton’s loved attraction …. Wachusett Mountain and ski resort. Still offering easy commute location and highway access
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 2,208 sq ft principal dwelling). Lot size: 80,150 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstBeamed Ceilings, Flooring - Hardwood, French Doors
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstBeamed Ceilings, Dining Area
Family Room
Lvl FirstBeamed Ceilings, Flooring - Hardwood
Primary Bedroom
Lvl SecondWalk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Tracey Fiorelli
Listing Office: Janice Mitchell R.E., Inc
MLS® Number: 73585545








