Investment Analysis — 31 Chestnut St #1

Worcester, MA 01609

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01609 carries an estimated $1,930/mo in gross rent — about a 3.80% cap rate and $8,349/yr in estimated NOI at the $219,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,125

Style

Condominium

Built

1940

Imagine yourself in Worcester’s Elm Park on a summer afternoon, finding a shady spot beneath the trees or enjoying a quiet walk through the park. Come autumn, you’re there again, taking in the crisp air and changing leaves. With Elm Park just down the street, those moments can easily become part of your everyday routine. Then head home, step inside, and let the day settle into the comfort of your own space. Natural light fills the spacious living room, while beautiful hardwood floors lead you into the dining area just off the kitchen. Picture morning coffee at the table, a favorite meal at the end of the day, or friends lingering long after dinner. The rooms flow easily together, offering plenty of space to gather while still providing room to relax and unwind.Thoughtfully maintained and inviting throughout, this condo offers the convenience of on-site parking along with a location near Elm Park, downtown Worcester, local dining, arts, entertainment, shopping, and other city amenities. Come experience the home and neighborhood for yourself and schedule your showing today.

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 MLS and other third-party data may be inaccurate or out of date.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.