442 Rawson Street Leicester — Photo 1 of 30
$579,900
Investment Analysis — 442 Rawson Street
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 2.06% cap rate and $11,938/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,996
Style
Single Family
Built
1985
Check out this amazing split level ranch on a large lot set back from the street. Updated kitchen with center island and granite counter tops, high level appliances. Open floor plan to fireplaced living room. The home features a large suite which could be a main bedroom or an inlaw apartment. Two additional bedrooms with gleaming hardwood floors. Large family room in finished basement with pellet stove. Separate room for a home office or workout room. Large 2 car heated garage with drive through doors. Newer large size composite deck. Permanent electric generator. Lots of storage space. Outside storage shed with electricity. Easy access to route 9. Approximately 10 minutes to the Worcester line.
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: 900 sq ft (the lesser of 900 sq ft or half the 1,996 sq ft principal dwelling). Lot size: 65,340 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23 x 11
Flooring - Hardwood, Window(s) - Picture
Kitchen
Lvl First21 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island
Office
Lvl BasementPrimary Bedroom
Lvl Main,First24 x 24
Bathroom - Full, Closet, Flooring - Laminate, Balcony / Deck, Slider
Bedroom 2
Lvl First14 x 12
Bedroom 3
Lvl First12 x 9
Closet, Flooring - Hardwood
Bathroom 1
Lvl First8 x 7
Bathroom - With Tub & Shower
Bathroom 2
Lvl FirstBathroom - With Shower Stall
Property History
$579,900
Sep 6, 2026
MLS® 73572495
$609,900
Sep 6, 2026
MLS® 73565950
$609,900
Aug 19, 2026
MLS® 73565950
Listing Agent: Joseph Sama
Listing Office: The O'Rourke Group Real Estate Professionals
MLS® Number: 73572495