308 Bridle Path Worcester — Photo 1 of 40
$374,900
Investment Analysis — 308 Bridle Path
Worcester, MA 01604
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01604 carries an estimated $2,250/mo in gross rent — about a 4.62% cap rate and $17,328/yr in estimated NOI at the $374,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,200
Style
Single Family
Built
1930
This renovated bungalow is situated on a quiet side street with a fenced yard and views of Lake Quinsigamond, just steps from Quinsigamond State Park, which offers walking trails, tennis courts, picnic areas, and a swimming beach. The property includes a one-car garage for added convenience.Inside, the home features luxury vinyl plank flooring in the kitchen and foyer, a brand new half bath with washer and dryer hook-ups, and a modern kitchen equipped with stainless steel appliances, quartzite countertops, and new cabinetry. The open-concept living and dining areas boast natural pine flooring and a built-in hutch.Upstairs, the hardwood flooring continues, leading to two bedrooms and a new bathroom with ceramic tile, a stone sink, built-in cabinetry, and a walk-in shower. The unfinished basement provides additional storage space. This home offers modern updates in a desirable location near recreational amenities.
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: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 2,502 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Lighting - Pendant
Kitchen
Lvl Main,FirstFlooring - Vinyl, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Remodeled
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood, Window(s) - Picture
Bedroom 2
Lvl SecondBathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Remodeled
Bathroom 2
Lvl FirstBathroom - Half, Dryer Hookup - Electric, Washer Hookup, Lighting - Sconce
Listing Agent: Kenneth Olson
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73574908