Investment Analysis — 35 Harvey Lane

Westborough, MA 01581

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01581 carries an estimated $3,570/mo in gross rent — about a 4.13% cap rate and $24,351/yr in estimated NOI at the $589,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,336

Style

Single Family

Built

1964

Welcome to 35 Harvey Lane, where space, comfort, and thoughtful updates come together in a highly desirable neighborhood. This inviting 3-bedroom, 1.5-bath home offers a surprisingly spacious and versatile layout designed for everyday living and entertaining. The impressive Great Room is a standout, featuring new carpeting and plenty of room to gather, relax, and unwind. Fresh paint and new lighting throughout create a bright, refreshed interior, while the kitchen is complemented by a new refrigerator and dishwasher.Need more space? The partially finished walkout basement with new vinyl flooring offers endless possibilities for a family room, home office, gym, playroom, or additional hangout space. Outside, the fenced-in backyard creates a private setting for summer entertaining, pets, gardening, or simply enjoying the outdoors. A one-car garage, new driveway, new oil tank, and boiler installed in 2023 add even more value. A wonderful opportunity to make Westborough home, close to the center of town, shopping, dining and more!

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: 668 sq ft (the lesser of 900 sq ft or half the 1,336 sq ft principal dwelling). Lot size: 14,000 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.