Active
27 Days on market
515 Prospect St West Boylston — Photo 1 of 42

515 Prospect St West Boylston — Photo 1 of 42

Recent Drop: $24,901

$649,900
$624,999

$624,999

Investment Analysis — 515 Prospect St

West Boylston, MA 01583

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01583 carries an estimated $2,640/mo in gross rent — about a 2.76% cap rate and $17,250/yr in estimated NOI at the $624,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,724

Style

Single Family

Built

1987

For almost 20 years, the owners of this West Boylston home have carefully updated it with comfort, efficiency, and cost effective living in mind. Step inside and you are greeted by a spacious family room with cathedral ceilings, abundant natural light, and a beautiful view overlooking the 1.26 acre lot. A wood stove adds warmth to the space, while access to the deck brings the outdoors right into the heart of the home. From here, flow into the kitchen featuring freshly painted cabinetry (2026) and stainless steel Frigidaire appliances. Just off the kitchen is the dining room, with a bright living room nearby offering even more space to gather and unwind. A half bath completes the main level. Upstairs, you will find four generously sized bedrooms, including the primary suite with an updated ensuite bath. A second renovated full bath serves the additional bedrooms. The partially finished basement continues the living space with a recreation room, office, and workshop. Throughout the home, years of intentional upgrades were chosen to make everyday living more efficient, including an owned solar electric system, solar hot water, R-50 MassSave insulation, triple pane windows, ductless mini splits, and a high efficiency ventless heat pump washer/dryer (2025). Outside, the 1.26 acres offer a patio, firepit, mature cherry and dogwood trees, established perennials, and plenty of room to garden, entertain, or enjoy the yard. Additional updates include new deck flooring, newly painted exterior surfaces, a sealed driveway, and a 2 car carport with EV charger. Convenient to Routes 190/290, Wachusett Reservoir, Old Stone Church, golf, parks, restaurants, and shopping. After almost two decades of ownership, this home reflects years of updates made with purpose, creating a space that is comfortable to live in and efficient to maintain!

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 2,724 sq ft principal dwelling). Lot size: 54,886 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

Open Houses

Property Details

Financials

Original Price$649,900
Annual Taxes$6,827

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Interior Entry

Climate & Utilities

HeatingNatural Gas, Pellet Stove, Wood Stove, Ductless
CoolingHeat Pump, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres1.26
SqFt Lot54,886
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Office
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Main,First

23 x 12

Flooring - Wall to Wall Carpet, Lighting - Overhead

Dining Room
Lvl Main,First

13 x 9

Flooring - Stone/Ceramic Tile, Exterior Access, Slider, Lighting - Overhead

Kitchen
Lvl Main,First

13 x 12

Flooring - Stone/Ceramic Tile, Lighting - Overhead

Office
Lvl First

12 x 11

Flooring - Wall to Wall Carpet

Family Room
Lvl Main,First

13 x 12

Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Slider

Primary Bedroom
Lvl Second

16 x 13

Bathroom - Full, Closet, Flooring - Vinyl

Bedroom 2
Lvl Second

13 x 12

Bedroom 3
Lvl Second

12 x 11

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

11 x 11

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

8 x 7

Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

8 x 7

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

6 x 5

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$624,999

Was $649,900

Sep 1, 2026

MLS® 73564493

Listed
$649,900

Aug 17, 2026

MLS® 73564493

Terminated
$649,900

Jul 29, 2026

MLS® 73540247

Listed
$649,900

Jun 23, 2026

MLS® 73540247

Listing Provided By

Listing Agent: Jim Black Group

Listing Office: Real Broker MA, LLC

MLS® Number: 73564493