Investment Analysis — 84 City Depot Rd

Charlton, MA 01507

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01507 carries an estimated $2,490/mo in gross rent — about a 3.63% cap rate and $17,416/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,845

Style

Single Family

Built

1932

Move-in ready and situated on a beautiful one-acre lot, this charming Charlton home offers privacy, space, and plenty of possibilities. Recent updates include a newer roof and furnace. The spacious unfinished lower level offers excellent storage and flexible space for a workshop, home gym, hobbies, or other uses. Conveniently located with access to major routes, shopping, dining, and local amenities. Private showings available all day Saturday. Open House Sunday from 1:00–3:00 PM. Don't miss the opportunity to see all this property has to offer!

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 1,845 sq ft principal dwelling). Lot size: 43,560 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 MLS and other third-party data may be inaccurate or out of date.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.