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16 Wheeler Rd Westborough — Photo 1 of 42

16 Wheeler Rd Westborough — Photo 1 of 42

$845,000

Investment Analysis — 16 Wheeler Rd

Westborough, MA 01581

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01581 carries an estimated $3,960/mo in gross rent — about a 2.98% cap rate and $25,190/yr in estimated NOI at the $845,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,494

Style

Single Family

Built

1969

Welcome to 16 Wheeler Road, a spacious and thoughtfully expanded Colonial cared for by the same family for 42 years. It offers a wonderful blend of classic character, generous living space, and modern updates. Set in desirable Westborough, this 4-bedroom, 3-bath home offers approximately 2500 sqft of living space, with additions on both sides of the original home creating a versatile floor plan. At the heart of the home is the beautifully renovated kitchen, updated about two years ago. The main level offers multiple inviting gathering spaces, including a welcoming family room with a gas fireplace featuring thermostat-controlled remote operation, providing both warmth and ambiance. The dining room is enhanced by a beautiful custom built-in, adding character, storage, and functionality. The substantial addition completed around 1990 added a large sitting room with a full bath, which can be used first-floor primary bedroom suite. The upper level has 4 good-sized bedrooms and a full bath. Beautiful hardwood floor throughout majority of the house. A two-car garage leads to a partially finished basement with great potentials. The house is surrounded by beautiful flower beds and vegetable gardens waiting for someone with a green thumb to keep them flourishing. The elementary schools, middle school and high school, town center and train station are all within 3 miles. Important improvements include a new roof installed in August 2018 and a heating system replaced in 2012. With its spacious expanded layout, updated kitchen, 5-bedroom setting, 3 full baths, numerous improvements and convenient location, this house offers exceptional flexibility and plenty of room to make it your own. Quick closing preferred.

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 2,494 sq ft principal dwelling). Lot size: 12,497 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

Original Price$845,000
Annual Taxes$10,925

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces3
FlooringTile, Laminate, Hardwood, Flooring - Hardwood
BasementPartially Finished, Concrete, Slab

Climate & Utilities

HeatingForced Air, Natural Gas, Fireplace
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.29
SqFt Lot12,497
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Conservation Area • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily Room
Main,First
Bathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail

Kitchen
Lvl First

Flooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Pendant, Lighting - Overhead

Office
Lvl First

Skylight, Ceiling - Cathedral, Flooring - Hardwood

Family Room
Lvl First

Skylight, Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Laminate, Exterior Access, Open Floorplan, Gas Stove, Lighting - Overhead

Primary Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled

Bathroom 2
Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Lanting Huangtruong

Listing Office: StartPoint Realty

MLS® Number: 73579043