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17 Days on market
1 Freeman Ave Webster — Photo 1 of 31

1 Freeman Ave Webster — Photo 1 of 31

$369,000

Investment Analysis — 1 Freeman Ave

Webster, MA 01570

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01570 carries an estimated $2,060/mo in gross rent — about a 4.08% cap rate and $15,073/yr in estimated NOI at the $369,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,142

Style

Single Family

Built

1950

Welcome to 1 Freeman Ave, a unique opportunity in a peaceful Webster Lake neighborhood! Situated on approximately one-third of an acre at the end of a quiet dead-end street, this property offers a beautifully manicured lot filled with mature landscaping and plenty of outdoor space to enjoy. A large deck overlooks the backyard, creating the perfect spot for relaxing or entertaining. The oversized detached garage offers incredible storage, workshop space and exciting potential for future use, while an additional gravel driveway provides convenient parking for a boat, RV or recreational vehicles. An additional storage shed offers even more space. The home features 3 bedrooms, 1 bath, a fireplace and an enclosed porch, with plenty of opportunity for the next owner to update and make it their own. Located right along the Webster Lake area with resident lake and dock access nearby, this property combines space, privacy and lake living in a beautiful setting. Bring your vision and discover everything this property has to offer! IOpen House Saturday Aug 26th 12-1:30

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: 571 sq ft (the lesser of 900 sq ft or half the 1,142 sq ft principal dwelling). Lot size: 13,407 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.

Property Details

Financials

Original Price$369,000
Annual Taxes$3,714

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Carpet, Laminate
BasementCrawl Space

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationIrregular
ZoningLAKE 5

Property & Lot

Acres0.31
SqFt Lot13,407
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Washer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl First

21 x 10

Master Bedroom
Lvl First

14 x 10

Bedroom 2
Lvl First

13 x 10

Bedroom 3
Lvl First

12 x 10

Listing Provided By

Listing Agent: Holly Hendricks

Listing Office: eXp Realty LLC

MLS® Number: 73568312