
106 Woodland Street West Boylston — Photo 1 of 42
$699,900
Investment Analysis — 106 Woodland Street
West Boylston, MA 01583
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01583 carries an estimated $2,640/mo in gross rent — about a 2.32% cap rate and $16,253/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,903
Style
Single Family
Built
1973
Meticulously maintained raised ranch, originally built for the builder himself and lovingly owned by the same family since 1990! **A standout feature is the detached 2-car garage with a beautifully finished 1-bedroom apartment above, offering exciting Accessory Dwelling Unit (ADU) potential.** The main home offers exceptional space and flexibility, beginning with a sun-filled main level featuring hardwood floors, a spacious living room and inviting eat-in kitchen with abundant cabinetry, center island, dining area and slider to the rear deck overlooking the lovely, PRIVATE backyard. Three bedrooms and two updated full baths are on this level, including a primary bedroom with private bath and tiled shower. The finished lower level adds terrific living space with a warm and welcoming family room featuring decorative beams, extensive wood detailing and an impressive floor-to-ceiling masonry fireplace and Harmon Pellet Pro II pellet stove. A 4th bedroom and additional bonus room provide flexible space for guests, home office, playroom, exercise or hobbies, plus direct access to the 1-car garage. Built in 1998, the detached 2-car garage is topped by a bright and spacious 1-bedroom apartment featuring hardwood floors, dramatic vaulted ceilings, multiple skylights and ceiling fans. The kitchenette offers generous cabinetry and counter space, a full-size refrigerator and built-in microwave, while a separate bedroom and updated full bath with shower complete the interior. The apartment also enjoys a private deck and two separate entrances—from the deck or through the garage. Previously rented for $1,850/month, this versatile space offers wonderful potential for extended family, guests, home office or future rental income. Owner is currently filing the required paperwork with the Town to establish the apartment as a legal ADU. Recent improvements include a new roof on the main house in 2022 and detached garage in 2023. Town water and sewer plus West Boylston municipal electric are additional benefits. Convenient to schools, shopping, parks, Wachusett Reservoir, Mass Central Rail Trail and I-190. With three garage bays, flexible living space and income potential, this is a rare opportunity!
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 1,903 sq ft principal dwelling). Lot size: 30,764 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second15.25 x 11.916666666
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Remodeled
Dining Room
Lvl Second10.583333333 x 11.75
Flooring - Hardwood, Balcony / Deck, Open Floorplan, Remodeled, Slider
Kitchen
Lvl Main,Second12.25 x 11.416666666
Flooring - Laminate, Open Floorplan
Family Room
Lvl First21 x 10.75
Wood / Coal / Pellet Stove, Flooring - Stone/Ceramic Tile, Open Floorplan, Remodeled
Primary Bedroom
Lvl Second13 x 11.416666666
Bathroom - 3/4, Flooring - Hardwood
Bedroom 2
Lvl Second9.833333333 x 11.583333333
Bedroom 3
Lvl Second10.75 x 10
Flooring - Hardwood
Bedroom 4
Lvl First14.583333333 x 11.5
Remodeled
Bathroom 1
Lvl Second9.583333333 x 4.083333333
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Laminate, Remodeled
Bathroom 2
Lvl Second7.166666666 x 7.083333333
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Louise Knight
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73572130