
3 Scott Lane Leicester — Photo 1 of 40
$659,000
Investment Analysis — 3 Scott Lane
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 1.86% cap rate and $12,237/yr in estimated NOI at the $659,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
3,752
Style
Single Family
Built
2000
Welcome to this impressive 3,752 sq foot Colonial, beautifully situated on a cul de sac and abutting Clark’s Mill Pond in Leicester. Offering generous living and entertaining spaces across three finished levels, this home combines a spacious layout with a picturesque setting. The main level features hardwood floors throughout and a large kitchen with a center island and separate dining area, providing plenty of space for everyday meals or big gatherings. The massive great room is a standout with soaring vaulted ceilings and an abundance of space to entertain or unwind. A separate living room with a cozy fireplace adds warmth and character, while a dedicated office provides flexible space for working from home, studying, or hobbies, and a centrally located half bath & laundry. Upstairs, you’ll find three well proportioned bedrooms and two full bathrooms, including a spacious primary suite with walk in closet. The finished lower level adds even more living space and is designed for entertaining, featuring an expansive wet bar, large lounge area, and an additional full bathroom. An attached two-car garage provides convenient parking and storage. Outside, enjoy a newer composite deck overlooking the property, offering plenty of room for outdoor dining, entertaining, or relaxing. A newer roof adds another valuable update. Enjoy Clark’s Mill Pond where you can drop in a kayak or fish right from your own back yard. Or visit two near by golf courses. This Leicester Colonial offers space, versatility, and a beautiful setting inside and out. Please visit this exceptional property and see for yourself.
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 3,752 sq ft principal dwelling). Lot size: 50,181 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Kitchen Island
Office
Lvl FirstFlooring - Hardwood
Family Room
Lvl FirstVaulted Ceiling(s), Flooring - Hardwood, French Doors
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Listing Agent: Valerie Macneil
Listing Office: Kazantzis Real Estate, LLC
MLS® Number: 73581866
