
8 Bayberry Ln Millbury — Photo 1 of 42
$899,900
Investment Analysis — 8 Bayberry Ln
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 5-bedroom in 01527 carries an estimated $2,860/mo in gross rent — about a 1.29% cap rate and $11,566/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
5,184
Style
Single Family
Built
1991
At 8 Bayberry Lane discover endless opportunities on Ramshorn Pond. This expansive home has three levels of living space and additional outdoor living areas. There is also a boat house with direct water access that provides future development opportunities. The heart of the main home is its kitchen, thoughtfully designed with a central island, providing both functionality and a gathering space. The main level also includes spacious dining and living rooms, a half bath, laundry room and direct access to the oversized roof deck. The second floor provides three large bedrooms and two full bathrooms, one of which features a luxurious jetted bathtub and a double vanity, offering a serene retreat. The lower level includes an additional kitchen, living space, full bathroom and two extra rooms. This area is adjacent to an enormous storage area and an oversized garage. The exterior is just as inviting, with an expansive outdoor living space that includes a designated outdoor dining area, perfect for entertaining or quiet enjoyment. The home’s distinctive gambrel roof contributes to its unique character. Parking is generous, with a 3-car garage. This property offers a harmonious blend of refined living and practical design, inviting you to experience its unique appeal firsthand.
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 5,184 sq ft principal dwelling). Lot size: 113,143 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.166666666 x 32.083333333
Flooring - Hardwood
Dining Room
Lvl SecondFlooring - Hardwood
Kitchen
Lvl First19.166666666 x 17.666666666
Flooring - Hardwood
Family Room
Lvl First18.833333333 x 9.916666666
Master Bedroom
Lvl Second19.25 x 30.5
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second19.333333333 x 13.833333333
Bedroom 3
Lvl Second19.333333333 x 12.166666666
Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Basement16 x 11.666666666
Flooring - Wall to Wall Carpet
Bedroom 5
Lvl Basement12.333333333 x 8.333333333
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6.5 x 12.5
Bathroom - Half
Bathroom 2
Lvl Second11.416666666 x 6.75
Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second11.083333333 x 6.75
Flooring - Stone/Ceramic Tile
Listing Agent: The Riel Estate Team
Listing Office: Keller Williams Pinnacle Central
MLS® Number: 73575398