Investment Analysis — 5 Memorial Dr

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 4.22% cap rate and $28,705/yr in estimated NOI at the $679,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,700

Style

Single Family

Built

1971

Welcome Home to this 3 bedroom, 1.5 bath raised ranch set on a quiet cul-de-sac in sought after Northborough! Walk into first level with double entry closet, garage access, half bath/laundry and front to back family room with slider to backyard. You will love the new laminate flooring installed this summer. Second level greets you with gleaming hardwood flooring throughout. Living room with bow window, ceiling fan and opens to dining area and kitchen. Your kitchen with all new cabinets and quartz countertop (June 2026), fully applianced, new s/s microwave and door leads you to mahogany deck overlooking wooded backyard. Updated main bath! New light fixtures! Mitsubishi splits! Maintenance free vinyl siding! Move in ready!!

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: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 20,303 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 MLS and other third-party data may be inaccurate or out of date.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.