3 Greenside Ln Worcester — Photo 1 of 25
$500,000
Investment Analysis — 3 Greenside Ln
Worcester, MA 01609
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01609 carries an estimated $2,390/mo in gross rent — about a 3.30% cap rate and $16,484/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,233
Style
Single Family
Built
1994
Beautifully maintained Raised Ranch nestled on a quiet cul-de-sac in Worcester’s highly desirable West Side, conveniently located near the Holden line. This spacious home features a dramatic palladium window and cathedral ceiling that fill the living room with natural light, creating a bright and inviting open floor plan that flows seamlessly into the dining area and kitchen. A French door opens to the deck overlooking a private backyard sheltered by woods - perfect for relaxing or entertaining. Three generously sized bedrooms offer ample closet space, including a primary bedroom with private full bath. Enjoy cozy winter evenings by the fireplace in the living room. The lower level offers excellent potential for additional finished living space, partially pre-studded and ready for your finishing touches! Numerous updates include a whole-house generator (2023), new hot water heater (2025), new palladium window (2020), new furnace & central A/C (2017), and 30-year architectural shingle roof (2012). Irrigation system and many additional upgrades complete this wonderfully maintained home near Moreland Green Commons!
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: 617 sq ft (the lesser of 900 sq ft or half the 1,233 sq ft principal dwelling). Lot size: 16,923 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.
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Floorplan Breakdown
Structural Layout
Living Room
Lvl nullCathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture
Kitchen
Lvl nullCathedral Ceiling(s), Flooring - Vinyl, Dining Area, Countertops - Paper Based, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances
Master Bedroom
Lvl nullBathroom - Full, Closet, Flooring - Wall to Wall Carpet
Bedroom 3
Lvl nullCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Karen Scopetski
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73574755