Investment Analysis — 36 Harkins St

Lancaster, MA 01523

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01523 carries an estimated $3,800/mo in gross rent — about a 3.83% cap rate and $25,878/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,336

Style

Single Family

Built

1954

This beautifully maintained ranch-style home, fully renovated in 2019, offers 2,336 square feet of living space, including the finished basement, and is ideally situated on a desirable corner lot. Featuring 3 bedrooms, 2 full baths, and a half bath, this home offers easy, comfortable one-floor living with plenty of additional space below. Whether you're looking for an easy-living home or considering downsizing without sacrificing space, this property offers the perfect combination of comfort and versatility. Conveniently connected to Town of Clinton water and sewer, this home offers the added benefit of municipal utilities.The first floor features beautiful hardwood floors, a welcoming front porch, a well-appointed kitchen with marble countertops, and convenient first-floor laundry. The finished basement features new LVP flooring, a convenient half bath, versatile living space, and abundant storage—perfect for a family room, home office, gym, or playroom. Outside, enjoy a beautifully maintained, fully fenced yard with an irrigation system and a saltwater inground pool, creating the perfect setting for summer entertaining and relaxing. With its inviting layout, ample storage, and wonderful outdoor amenities, this home is ready to welcome its next owners!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,336 sq ft principal dwelling). Lot size: 18,731 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.