Investment Analysis — 373 Highland St

Northbridge, MA 01534

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 3-unit multi-family in 01534 carries an estimated $6,310/mo in gross rent — about a 7.13% cap rate and $51,682/yr in estimated NOI at the $725,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,738

Style

3 Family

Built

1932

Positioned in the heart of Northbridge, this exceptional 1932 multi-family residence has been masterfully remodeled to offer built-in financial flexibility. Spanning 1,738 square feet, the property represents a rare find for discerning investors or buyers seeking a premium mortgage helper. Rich hardwood flooring adds warmth and timeless appeal to the bedrooms, while the bathroom features a sleek, modern walk-in shower.Beyond the main living quarters, the property boasts a remarkable four-car garage crowned by a completely updated, private one-bedroom apartment. This independent space serves as a perfect haven for an owner, additional tenants, or guests, maximizing the property's income potential. Complete with a full-house generator and owner-owned solar panels, this intelligent investment is as efficient as it is versatile. Just wanted to add a new boiler was installed and Mass Save fully insulated the house. Both 2 bedroom units fully rented with month to month long time tenants.

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 MLS and other third-party data may be inaccurate or out of date.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.