Investment Analysis — 46 Prospect St

Rutland, MA 01543

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01543 carries an estimated $2,250/mo in gross rent — about a 2.97% cap rate and $14,823/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,976

Style

Single Family

Built

1976

NEW PRICE ! INCREDIBLE VALUE WITH 4 BEDROOMS AND 3+ PRIVATE ACRES FOR UNDER 500K !! Set on a peaceful wooded lot, this spacious home offers nearly 2,000 sq. ft. of living space, hardwood floors throughout and plenty of room to make it your own. Even better, several of the big ticket improvements have already been completed, including a NEW SEPTIC SYSTEM, NEW FURNACE AND NEW OIL TANK plus a 2024 water heater. Enjoy the privacy and space of 3 acres while still being convenient to town amenities. With four bedrooms, 1.5 bathrooms, a one car garage and major system updates already taken care of, this property offers a wonderful opportunity to add your personal style over time. Enjoy nearby hiking trails, parks, and year round outdoor recreation minutes from your doorstop A LOT OF HOUSE, LAND, AND VALUE AT 499K COME SEE THE POSSIBILITIES

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 1,976 sq ft principal dwelling). Lot size: 134,165 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.