Investment Analysis — 5 Lowell Ave

Holden, MA 01520

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01520 carries an estimated $3,040/mo in gross rent — about a 4.87% cap rate and $21,927/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,755

Style

Single Family

Built

1950

Bring your vision and put your sweat equity to work! Tucked away on a quiet dead-end street near Route 190, this Holden Colonial offers 1,755 SF, 3 bedrooms, 1.5 baths, mudroom and a level lot with plenty of potential. The classic center-hall floor plan features a fireplaced living room with access to a three-season sunroom, a formal dining room with two corner built-ins and chair rail, and hardwood floors throughout most of the home. The kitchen and baths are ready for your ideas and updates. The property was used as a rental by the sellers, who have never occupied the home. A complete home inspection has been performed and is available for review. Being sold as is and ideally suited for contractors, builders, renovators, or buyers ready to create something special. Enjoy all that Holden has to offer, including the Recreation Center with pool, tennis and basketball, and the welcoming town center and Gale Library. A great opportunity to build equity in a desirable community!

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: 878 sq ft (the lesser of 900 sq ft or half the 1,755 sq ft principal dwelling). Lot size: 23,087 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.