Investment Analysis — 24 Ellsmere St

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01604 carries an estimated $3,090/mo in gross rent — about a 4.93% cap rate and $22,694/yr in estimated NOI at the $459,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,944

Style

Single Family

Built

1988

Looking for space, style, and convenience? Welcome home to this freshly painted 4-bedroom, 2.5-bath Colonial in Worcester. The main level features hardwood floors and two distinct living rooms, anchored by a cozy fireplace and classic picture windows. The spacious eat-in kitchen comes fully equipped with solid maple cabinetry, granite countertops, stainless steel appliances, and tile flooring. Upstairs, you'll find four comfortable bedrooms, including a private primary suite complete with a walk-in closet, bathroom and its own personal balcony. Tucked away on a quiet dead-end street, this home offers the perfect balance of tranquility and accessibility—just minutes from UMass and with quick highway access. This one won't last. Call today!

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 1,944 sq ft principal dwelling). Lot size: 4,503 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 MLS and other third-party data may be inaccurate or out of date.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.