46 Chapel Street Leicester — Photo 1 of 3
Recent Drop: $1,000,000
$1,490,000
Investment Analysis — 46 Chapel Street
Leicester, MA 01611
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01611 carries an estimated $1,290/mo in gross rent — about a -0.41% cap rate and $-6,115/yr in estimated NOI at the $1,490,000 list price. Adjust every assumption in the calculator below.
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NAI | Parsons Commercial Group | Boston is pleased to present the Chapel Hill Senior Housing Development located in Leicester, MA. The 29.7 acre site has been permitted for 88 senior housing units.The property is located only minutes away from Worcester and under 5 miles from the intersection of Route 146 and 290.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property & Lot
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Property History
$1,490,000
Was $1,650,000
Aug 19, 2026
MLS® 73468338
$1,650,000
Was $1,750,000
Jul 22, 2026
MLS® 73468338
$1,750,000
Was $2,490,000
Jun 24, 2026
MLS® 73468338
$2,490,000
Jan 14, 2026
MLS® 73468338
$1,500,000
Nov 19, 2010
MLS® 71018669
$1,500,000
Jan 13, 2010
MLS® 71018669
Listing Agent: John Parsons, Jr.
Listing Office: Parsons Commercial Group, Inc.
MLS® Number: 73468338