Investment Analysis — 34 Conservation Dr

Douglas, MA 01516

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01516 carries an estimated $2,950/mo in gross rent — about a 3.47% cap rate and $20,788/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,728

Style

Single Family

Built

1999

Welcome to this spacious 4-bedroom, 2.5-bath Colonial set on a private 2.09-acre lot in a desirable cul-de-sac neighborhood. The updated kitchen features granite countertops, stainless steel appliances, abundant cabinetry, tile flooring, and plenty of space for cooking and entertaining. Hardwood flooring extends throughout much of the home and is complemented by recessed lighting, generous room sizes, first-floor laundry, and a primary suite with walk-in closet and private bath. The partially finished basement offers flexible space for a home gym, recreation room, office, or additional living area. Recent improvements include a newer tankless propane boiler and extensive vinyl fencing that enhances privacy and usability. Outdoor amenities include a large fenced backyard, above-ground pool, expansive deck, two storage sheds, and a dedicated dog kennel/run, providing plenty of room for pets, recreation, gardening, and entertaining. Conveniently located near Douglas State Forest, Whitins Reservoir, Purgatory Chasm, Route 146, and local amenities, this property offers the perfect blend of privacy, space, and neighborhood living with opportunity to add your own personal touches.

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: 864 sq ft (the lesser of 900 sq ft or half the 1,728 sq ft principal dwelling). Lot size: 91,040 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.