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73 Maynard St Northborough — Photo 1 of 40

73 Maynard St Northborough — Photo 1 of 40

$920,000

Investment Analysis — 73 Maynard St

Northborough, MA 01532

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01532 carries an estimated $4,230/mo in gross rent — about a 2.97% cap rate and $27,291/yr in estimated NOI at the $920,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,332

Style

Single Family

Built

1985

Classic saltbox colonial featuring wood siding, newer windows, and a traditional wood burning fire place. The main living spaces feature mainly hard wood flooring on the first floor, vaulted ceilings, skylights, and a fireplace, giving the home a bright, airy feel. The first floor includes a formal dining room, family room, living room, kitchen with dining area, and a sunroom for natural light. The expansive kitchen area stretching the full width of the house has ample custom-made cabinet storage, granite countertops, and is fully equipped with all major appliances (electric cooktop, microwave, refrigerator, freezer, dishwasher, trash compactor) including a double wall oven. Adjacent to the kitchen is a laundry room with half bath (with washer/dryer included). Attached heated rear sunroom/screened porch with expansive screened windows provides panoramic views of the backyard and direct access to the outdoors. There is a spacious back yard with an expansive, level lawn framed by mature trees and woodlands, offering excellent privacy, and also features stone wall borders, cultivated perennial flower beds, above ground pool with deck, and an arbor/pergola draped with grape vines and wisteria. Fire pit area is ideal for outdoor gatherings and relaxation. Upstairs on the second floor there are 4 bedrooms, including a walk-in closet in the primary suite, and 2 full bathrooms (including a master bath), both newly renovated. Below the main levels, there is a partially finished basement, an attic for extra storage, and ceiling fans installed throughout the home. Situated in Metrowest Boston, Northborough offers fast access to major roadways including Route 20, I-290, I-495, and the Mass Pike (I-90). It is only ~12 miles from Worcester and ~35 miles from Boston, with nearby MBTA Commuter Rail stations in neighboring Westborough and Southborough. Northborough is part of the Northborough-Southborough Regional School District, anchored by Algonquin Regional High School, which consistently ranks among the top public high schools in the state for academics, athletics, and extracurricular programs.

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 2,332 sq ft principal dwelling). Lot size: 40,001 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$920,000
Annual Taxes$11,287

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Carpet, Hardwood
BasementPartial, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil
CoolingOther, Whole House Fan
WaterPrivate
SewerInspection Required for Sale, Private Sewer

Building & Exterior

ConstructionFrame, Conventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.92
SqFt Lot40,001
Lot Features--

Amenities & Appliances

Water Heater • Tankless Water Heater • Oven • Dishwasher • Trash Compactor • Microwave • Range • Refrigerator • Washer • Dryer • Water Treatment

Neighborhood

Shopping • Pool • Walk/Jog Trails • Conservation Area • Highway Access • Public School

Geography

Listing Provided By

Listing Agent: Dave White

Listing Office: OwnerEntry.com

MLS® Number: 73563340