Investment Analysis — 8 Hawkins St

Worcester, MA 01604

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01604 carries an estimated $2,790/mo in gross rent — about a 7.25% cap rate and $21,687/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

864

Style

Single Family

Built

1890

BACK ON THE MARKET DUE TO BUYER FAILURE TO SECURE FINANCING.. HERE'S YOUR CHANCE! Welcome to this beautifully renovated Single-Family home, where everything has been thoughtfully updated so you can simply move in and enjoy. Fully gutted and renovated from top to bottom, this home offers the peace of mind that comes with modern finishes and major improvements throughout. Step inside to find a bright, inviting interior featuring new flooring, fresh paint, updated fixtures, and a functional layout designed for everyday living. The kitchen boasts brand-new appliances and stylish finishes, making it the perfect space to cook, entertain, and gather with family and friends. Enjoy a finished lower level as well! Whether you're a first-time homebuyer or looking for a turnkey property, this home checks all the boxes. Enjoy the convenience of a completely updated home without the hassle of future renovations. Don't miss your opportunity to make this move-in-ready home yours— schedule your private showing today or join us for Open 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: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 4,000 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.