Active

8 Days on market

299 Clarke Road Ext Sturbridge — Photo 1 of 42

$489,900

Investment Analysis — 299 Clarke Road Ext

Sturbridge, MA 01518 — Worcester County

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01518 carries an estimated $2,450/mo in gross rent — about a 3.27% cap rate and $16,015/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,793

Style

Single Family

Built

1920

Updated contemporary Cape with Big Alum Lake views, rare deeded lake access, and the public boat ramp directly behind the property—year-round lake living without the waterfront price. Lake life here includes Fourth of July fireworks, movie night on the water, and a kayak-out island in the center of Big Alum. Bright, open 3-bedroom, 2-full-bath home with a flexible floor plan.The kitchen is the gathering spot and takes in lake views: white cabinets, granite counters, black subway-tile backsplash, stainless appliances, recessed lighting, and a peninsula for casual dining. Tiled mudroom entry opens to a private patio (hot-tub ready), a large fenced yard with garden space and kayak storage, plus a side patio overlooking the water with a stone wall and perennial plantings.First-floor bedroom and full bath; upstairs, the primary bedroom has vaulted beamed ceilings, with a second bedroom and full bath. Newer roof, windows, and siding. Central forced-air propane heat, a Generac whole-house generator, and solar panels. Attached 2-car garage with pull-down attic storage. Public water and public sewer. House is set—unpack and enjoy.

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: 897 sq ft (the lesser of 900 sq ft or half the 1,793 sq ft principal dwelling). Lot size: 8,276 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.