
35 Jefferson Road Northborough — Photo 1 of 38
$569,900
Investment Analysis — 35 Jefferson Road
Northborough, MA 01532
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01532 carries an estimated $3,820/mo in gross rent — about a 4.75% cap rate and $27,096/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,104
Style
Single Family
Built
1957
Welcome Home! This well maintained Cape home is located in a desirable neighborhood, filled with abundant natural light and offers comfort, flexibility, and plenty of potential. The sun filled main level features two bedrooms and a full bath, while a third bedroom is located on the upper level, providing added privacy and versatility. The bright and inviting living spaces are enhanced by recessed lighting in both the kitchen and living room, adding a clean, modern touch. This home offers excellent potential for additional living space. The upper level includes a spacious storage area that could provide an opportunity for future expansion. The large, open basement offers even more possibilities, with ample room and high ceilings to create a finished living area, home gym, office, or flexible recreational space. Recent updates include electrical improvements, mini-splits for supplemental heating and cooling, and a newer hot water heater. The oversized, flat and open backyard offers plenty of room for outdoor entertaining, gardening, recreation, or simply enjoying the outdoors. Conveniently located close to shopping, major routes, and everyday amenities, this move in ready Cape combines a desirable location with important updates and room to grow. Don’t miss this wonderful opportunity to make this well cared for home your own!
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: 552 sq ft (the lesser of 900 sq ft or half the 1,104 sq ft principal dwelling). Lot size: 19,746 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
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 13
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First10 x 11
Flooring - Hardwood
Kitchen
Lvl First14 x 10
Flooring - Hardwood, Countertops - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl First14 x 11
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First10 x 10
Bedroom 3
Lvl Second13 x 9
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6 x 7
Bathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Cheryl Burgoyne
Listing Office: Central Mass Real Estate
MLS® Number: 73585090








