Active Under Contract
18 Days on market
35 Rexhame Rd Worcester — Photo 1 of 1

35 Rexhame Rd Worcester — Photo 1 of 1

$399,000

Investment Analysis — 35 Rexhame Rd

Worcester, MA 01606

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01606 carries an estimated $2,220/mo in gross rent — about a 3.69% cap rate and $14,740/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,864

Style

Single Family

Built

1950

Charming 1950-built home situated on a spacious 0.44-acre double lot with no HOA! This property offers 1,864 sq ft of main-level living space featuring two bedrooms, one full bathroom, beautiful hardwood floors, a living room fireplace, and gas heat. The full 1,864 sq ft basement provides three additional rooms and abundant space for storage, recreation, or future possibilities. The attic features two additional rooms and a half bath, offering even more potential. This home is in need of a complete renovation and is ready for someone with vision to bring it back to life. With a generous lot, substantial square footage, classic character, and no HOA restrictions, this property presents a unique opportunity for renovation, investment, or creating a custom dream home. Bring your imagination and make this property shine!

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 1,864 sq ft principal dwelling). Lot size: 19,038 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$399,000
Annual Taxes$5,506

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull, Interior Entry

Climate & Utilities

HeatingSteam
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBlock
RoofShingle
FoundationBlock
ZoningRS-7

Property & Lot

Acres0.44
SqFt Lot19,038
Lot Features--

Amenities & Appliances

Electric Water Heater

Neighborhood

Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Derek Greene

Listing Office: The Greene Realty Group

MLS® Number: 73569721