57 Prospect St West Boylston — Photo 1 of 40
$550,000
Investment Analysis — 57 Prospect St
West Boylston, MA 01583
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01583 carries an estimated $2,380/mo in gross rent — about a 2.75% cap rate and $15,133/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,844
Style
Single Family
Built
1926
**New Listing**Welcome Home! This beautifully maintained property offers a wonderful blend of classic character, thoughtful updates, and inviting indoor and outdoor living spaces. Recent improvements include a new architectural metal roof, new above-ground pool, new exterior patio, and an updated heating system.The first and second floors feature beautiful hardwood flooring, high ceilings, gorgeous original woodwork, and charming built-ins throughout the living room, dining room, and den. A wood-burning fireplace adds warmth and character to the spacious living area.Step outside and enjoy the large yard, offering plenty of room for entertaining, gardening, recreation, and outdoor activities. The generously sized screened-in three-season porch provides the perfect spot to relax and enjoy warm summer evenings while extending your living space outdoors.Ideally located in Central West Boylston, this home is within walking distance to the library, shopping, and schools, while offering easy access to major highways for a convenient commuter location.Classic charm, desirable updates, and an excellent location make this a home you won’t want to miss!
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 1,844 sq ft principal dwelling). Lot size: 18,731 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First21 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors
Dining Room
Lvl First14 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access
Kitchen
Lvl First16 x 12
Bathroom - Half, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook
Primary Bedroom
Lvl Second15 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Second13 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Colleen Griffin
Listing Office: RE/MAX Vision
MLS® Number: 73572649