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115 Days on market
Lot 3 Reed Street Warren — Photo 1 of 8

Lot 3 Reed Street Warren — Photo 1 of 8

$549,000

Investment Analysis — Lot 3 Reed Street

Warren, MA 01083

Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a 3-bedroom in 01083 carries an estimated $2,350/mo in gross rent — about a 3.73% cap rate and $20,453/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,260

Style

Single Family

Built

2026

Currently under construction - Beautiful country setting - This new split level home offers 3 bedrooms, 2.5 baths and 2260sf of spacious living. Upper level is open floor plan with fully applianced kitchen and granite countertops. Currently flooring plans are bathrooms tiled, bedrooms, living room and kitchen will be hardwood floors and finished basement will be luxury vinyl plank. Primary bedroom has full bath with double vanity. Lower level consists of 700sf of finished space great for whatever your needs are and a 2 car garage. Completion date August 2026. Heating is electric but with air handler that has ducts throughout the house with 2 zones. Back of the house faces south - perfect for solar!

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 2,260 sq ft principal dwelling). Lot size: 62,290 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$549,000
Annual Taxes$979

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Tile
BasementFull, Finished, Garage Access

Climate & Utilities

HeatingElectric
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningrur

Property & Lot

Acres1.43
SqFt Lot62,290
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Basement
Family RoomBathroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Basement
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Double Vanity

Bathroom 2
Lvl First

Bathroom - Full

Bathroom 3
Lvl Basement

Bathroom - Half, Dryer Hookup - Electric, Washer Hookup

Property History

Listed
$549,000

May 21, 2026

MLS® 73522467

Sold
$36,500

Oct 22, 2025

MLS® 73431973

Listed
$38,500

Sep 17, 2025

MLS® 73431973

Expired
$38,500

Aug 29, 2025

MLS® 73372121

Listed
$38,500

May 8, 2025

MLS® 73372121

Listing Provided By

Listing Agent: Lisa Caron

Listing Office: Lisa Caron Real Estate LLC

MLS® Number: 73522467