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231 Worcester Road Princeton — Photo 1 of 30

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.

View Standard Listing

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

Original Price$625,000
Annual Taxes$7,344

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringWood, Tile
BasementFull, Bulkhead

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningB

Property & Lot

Acres1.84
SqFt Lot80,150
Lot FeaturesWooded

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Beamed Ceilings, Flooring - Hardwood, French Doors

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Beamed Ceilings, Dining Area

Family Room
Lvl First

Beamed Ceilings, Flooring - Hardwood

Primary Bedroom
Lvl Second

Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Tracey Fiorelli

Listing Office: Janice Mitchell R.E., Inc

MLS® Number: 73585545