120 Blaine Ave East Brookfield — Photo 1 of 16
$315,000
Investment Analysis — 120 Blaine Ave
East Brookfield, MA 01515
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01515 carries an estimated $1,670/mo in gross rent — about a 3.78% cap rate and $11,901/yr in estimated NOI at the $315,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
892
Style
Single Family
Built
1890
* All Offers due by Monday 8/31 @6pm. Please make offers valid thru 9/1 @6pm* This charming conventional-style home offers numerous updates include a remodeled kitchen, complete bathroom remodel in 2023 with a heated floor, water heater (2023), furnace (2021), oil tank (2020), bulkhead (2020) and generator hookup. Abundant windows throughout the home provide plenty of natural light. Upstairs features two bedrooms plus a versatile loft area. The basement offers excellent storage and an extra-large finished room being used as an office. This home comes with a 2 car garage which is a must in New England! Set on nearly 1.25 acres, the flat yard provides plenty of space for outdoor enjoyment and entertaining. This is a wonderful opportunity to own a well-maintained home with many valuable updates already completed! All Offers due by Monday 8/31 @6pm. Please make offers valid thru 9/1 @6pm.
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: 446 sq ft (the lesser of 900 sq ft or half the 892 sq ft principal dwelling). Lot size: 51,793 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater
Geography
Listing Agent: Felicia Mancuso
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73568395