
1344 Barre Rd New Braintree — Photo 1 of 40
Recent Drop: $25,100
$299,900
Investment Analysis — 1344 Barre Rd
New Braintree, MA 01531
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 6-bedroom in 01531 carries an estimated $2,400/mo in gross rent — about a 5.93% cap rate and $17,788/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
1.5
SqFt
1,937
Style
Single Family
Built
1862
"The School House", built in 1862 as the neighborhood's School, it served its purpose as that until it was converted to a lovely single family home in the early 1940's. Make this gem shine! Sitting on a corner lot posed to gaze at the wonderful skyline of farmland and wildlife management area, this home has the base to be something great again. Having 6 bedrooms, and 1-1/2 baths and almost 2,000 sq. ft, there is plenty of room to do what you want here. Over 2 acres of land on a corner lot that gives you a combination of lawn/yard with still having plenty of woods to explore. There is also an attached 2 car garage w/ breezeway and an outbuilding that has playhouse written all over it! This listing is focused on cash or construction loan type financing due to its condition. Needs roof, possibly septic, etc! Lets give this place a "Next Chapter".
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 1,937 sq ft principal dwelling). Lot size: 91,476 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 • None
Geography
Property History
$299,900
Was $325,000
Sep 10, 2026
MLS® 73567398
$325,000
Aug 24, 2026
MLS® 73567398
Listing Agent: Kim And Jay Team
Listing Office: RE/MAX Prof Associates
MLS® Number: 73567398