Investment Analysis — 34 Saint Elmo Road

Worcester, MA 01602

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01602 carries an estimated $2,780/mo in gross rent — about a 4.77% cap rate and $20,294/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,449

Style

Single Family

Built

1941

Pride of 50+ years of ownership is ready for its next owner. This westside colonial has 3 bedrooms; 1.5 baths. Recent improvements include Roof (2025), Gas Boiler (2024), Gas Hot Water Tank (2026) and Refinished Hardwood Floors (2026). Enjoy gas heat, gas hot water and gas fireplace. Maintenance free vinyl siding & replacement windows. Living room has refinished hardwood floors and gas fireplace surrounded by built-in bookshelves. Dining room has refinished hardwood floors and crown molding. The front to back TV room has wall to wall carpet and leads to a screen porch and deck. Second floor has 3BR all with hardwood floors and a full bathroom. There is a walk-up attic for plenty of storage or expansion of the house. Beautiful tree lined dead-end street. Just down the street from a neighborhood village of a coffee shop, salon, restaurant, liquor store, ice cream parlor, barber shop and convenient store. First showings begin at Open House Wednesdy, October 7, 2026 from 4pm to 7pm.

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: 725 sq ft (the lesser of 900 sq ft or half the 1,449 sq ft principal dwelling). Lot size: 8,609 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.