Active Under Contract
20 Days on market
40 Second Island Rd Webster — Photo 1 of 30

40 Second Island Rd Webster — Photo 1 of 30

$354,900

Investment Analysis — 40 Second Island Rd

Webster, MA 01570

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01570 carries an estimated $2,060/mo in gross rent — about a 4.51% cap rate and $16,019/yr in estimated NOI at the $354,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,152

Style

Single Family

Built

1950

BEST & FINAL OFFERS DUE BY SUN 8/30 5PM!! Welcome to this charming, recently renovated Cape-style home offering the perfect blend of classic character and modern convenience. Move-in ready and thoughtfully updated, this 3-bedroom, 1-bath home is a wonderful opportunity for first-time buyers, downsizers, or anyone looking for a comfortable home in a convenient location. The updated kitchen features quartz countertops, stainless steel appliances, and ample workspace, opening to a separate dining room that is perfect for everyday meals or entertaining. Original hardwood flooring adds warmth and timeless character, complemented by a mix of linoleum and vinyl flooring throughout. A first-floor bedroom provides added flexibility for guests, a home office, or convenient one-level living. Outside, enjoy a level and private backyard offering plenty of room for entertaining, gardening, relaxing, or play—an ideal space for kids and pets. Recent improvements include a NEWER roof, windows, siding, and furnace, offering peace of mind and making this home truly move-in ready. Conveniently located close to shopping and commuter routes, this home combines neighborhood charm with everyday convenience. Plus, Memorial Beach is just approximately 1/2 mile away, providing easy access to outdoor recreation and summer fun. With its inviting Cape-style charm, modern updates, flexible floor plan, private backyard, and desirable location, this home is ready for its next chapter. Don't miss the opportunity to make it yours!

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: 576 sq ft (the lesser of 900 sq ft or half the 1,152 sq ft principal dwelling). Lot size: 9,425 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

Original Price$354,900
Annual Taxes$2,768

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms6
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Bulkhead

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSFR-12

Property & Lot

Acres0.22
SqFt Lot9,425
Lot FeaturesCleared

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Living Room
Lvl First

Flooring - Hardwood, Cable Hookup

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Wood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting

Master Bedroom
Lvl Second

Closet, Flooring - Wood, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl

Listing Provided By

Listing Agent: Christopher J. Campolito

Listing Office: Campolito Realty Group

MLS® Number: 73567086