
299 Clarke Road Ext Sturbridge — Photo 1 of 42
Recent Drop: $9,100
$499,900
Investment Analysis — 299 Clarke Road Ext
Sturbridge, MA 01518 — Worcester County
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01518 carries an estimated $2,450/mo in gross rent — about a 3.20% cap rate and $16,015/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,793
Style
Single Family
Built
1920
STUNNING updated contemporary Cape with beautiful water views of Big Alum Lake and rare deeded lake access—plus the convenience of the public boat ramp located directly behind the property! This bright and open 3-bedroom, 2-full-bath home offers approximately 1,793 square feet of comfortable living space and a flexible floor plan ideal for year-round lake living.The heart of the home is the stylish updated kitchen featuring modern white cabinets, granite counters, a black subway-tile backsplash, stainless-steel appliances, recessed lighting, and a peninsula perfect for casual dining and gathering. Convenient entry through the tiled mudroom leads to a very private patio—perfect for a hot tub—plus a large, fenced yard with garden space and kayak storage. A side patio overlooks the water with a lovely stone wall and perennial plantings—ideal for morning coffee or summer entertaining. Thoughtful layout includes a first-floor bedroom and full bath along with the primary bedroom featuring vaulted and beamed ceilings and an additional bedroom and full bath on the second floor. Recent updates include a newer roof, windows, and siding. The home is comfortably heated by a central forced-air propane system and features a Generac whole-house generator for peace of mind. The spacious 2-car attached garage offers abundant attic storage via a pull-down ladder. Additional highlights: public water and public sewer. Nothing to do but unpack and enjoy the Big Alum lifestyle without the premium waterfront price tag!
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: 897 sq ft (the lesser of 900 sq ft or half the 1,793 sq ft principal dwelling). Lot size: 8,276 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 • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Golf • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet
Dining Room
Lvl FirstSkylight, Vaulted Ceiling(s), Closet, Flooring - Vinyl, Window Seat
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Vinyl, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Peninsula
Primary Bedroom
Lvl SecondCeiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - With Shower Stall, Flooring - Vinyl
Property History
$499,900
Was $509,000
Jul 6, 2026
MLS® 73510039
$509,000
Apr 30, 2026
MLS® 73510039
Listing Agent: Beverly Cloutier
Listing Office: HomeSmart Professionals Real Estate
MLS® Number: 73510039