30 Prospect St Spencer — Photo 1 of 25
Recent Drop: $35,000
$349,900
Investment Analysis — 30 Prospect St
Spencer, MA 01562
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01562 carries an estimated $2,040/mo in gross rent — about a 4.50% cap rate and $15,753/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,176
Style
Single Family
Built
1900
Make an offer. Make it yours! Enjoy timeless charm in this well-maintained Colonial Style home that blends classic character with comfortable living space. The kitchen is highlighted by durable Corian Counters and additional storage space in the pantry/laundry room. The first floor is complete with a full bathroom and a cozy sunporch. The primary bedroom features a large full bathroom. The walkout and finished basement adds valuable bonus space, while the 1-car garage with shed underneath, provides convenient storage for yard equipment and tools as well as a work area. Enjoy a fenced backyard complete with an above-ground pool with upgraded stairs instead of a ladder. New pool liner, skimmer, cover and steps-2025. Updated furnace and new water heater. Mass Save assessed and insulated in 2025. A lovingly cared-for property you won't want to miss!
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: 588 sq ft (the lesser of 900 sq ft or half the 1,176 sq ft principal dwelling). Lot size: 7,362 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Walk/Jog Trails • Laundromat • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid
Primary Bedroom
Lvl SecondBathroom - Full, Closet - Linen, Closet, Flooring - Laminate
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Laminate
Bathroom 1
Lvl FirstBathroom - With Shower Stall
Bathroom 2
Lvl SecondBathroom - With Shower Stall, Closet - Linen
Property History
$349,900
Was $369,900
Sep 1, 2026
MLS® 73515458
$369,900
Was $379,900
Aug 3, 2026
MLS® 73515458
$379,900
Was $384,900
Jul 9, 2026
MLS® 73515458
$384,900
May 11, 2026
MLS® 73515458
Listing Agent: Erin Mahoney
Listing Office: ERA Key Realty Services- Spenc
MLS® Number: 73515458