What is the estimated cap rate for 17 Clive St, Worcester, MA 01603?

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, 17 Clive St, Worcester, MA 01603 has an estimated 5.75% cap rate at its $320,000 list price, assuming ~$2,420/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 17 Clive St, Worcester, MA 01603?

HUD Fair Market Rent estimates about $2,420/month total for a 3-bedroom in 01603. Actual market rent varies.

Active

1 Days on market

17 Clive St Worcester — Photo 1 of 30

$320,000

Investment Analysis — 17 Clive St

Worcester, MA 01603

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01603 carries an estimated $2,420/mo in gross rent — about a 5.75% cap rate and $18,410/yr in estimated NOI at the $320,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,080

Style

Single Family

Built

1946

Located in nice neighborhood, quiet road is this nice 3 Bedroom Cape, Exterior is in excellent condition new roof 5 years young, newer siding, replacement windows, nice private level fenced rear yard, Interior features 3 bedrooms 1 located on first floor, 2 located on second floor, hardwood flooring in dining room living room and 1st floor bedroom, tiled shower, interior access to the dry basement, newer hot water tank (2001), electric heat, cabinets are solid, kitchen appliance 5 years old, interior could use some fresh paint and refinishing of the hardwood floors, solid house

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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 5,200 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.

Financials

Original Price$320,000

Annual Taxes$3,660

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms6

FireplacesNone

FlooringHardwood

BasementFull

Climate & Utilities

HeatingElectric

CoolingWindow Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningRL-7

Property & Lot

Acres0.12

SqFt Lot5,200

Lot FeaturesCleared, Level

Amenities & Appliances

Electric Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Public School

Geography

Floorplan Breakdown

Structural Layout

Second

Bedroom 2Bedroom 3

First

Primary BedroomBathroom 1

Primary Bedroom

Lvl First

Bedroom 2

Lvl Second

Bedroom 3