
50 Towtaid Street Leicester — Photo 1 of 29
$448,000
Investment Analysis — 50 Towtaid Street
Leicester, MA 01611
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01611 carries an estimated $2,040/mo in gross rent — about a 3.40% cap rate and $15,248/yr in estimated NOI at the $448,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,156
Style
Single Family
Built
1925
NEW KITCHEN*** NEW WINDOWS*** NEW DECK*** NEW ROOF*** NEW GUTTERS*** LOVELY YARD***Presenting an exceptional opportunity. This is a 1925 single-family residence, encompassing 1156 square feet of meticulously maintained living space, standing as an inviting home ready for immediate occupancy and quiet area of Cherry Valley. Park and Tennis court 5 minutes away. Fireplace living room, kitchen with breakfast nook. All brand new windows a year ago. Great yard with a shed. Move right in and enjoy the summer in your private yard. Pellet stove in the basement heats the whole house.
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: 578 sq ft (the lesser of 900 sq ft or half the 1,156 sq ft principal dwelling).
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer
Neighborhood
Public Transportation • Tennis Court(s) • Park • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBedroom 4
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl FirstListing Agent: Bin Jiang
Listing Office: Palace Realty Boston
MLS® Number: 73582992








