1029 Main Street Leicester — Photo 1 of 36
Recent Drop: $29,900
$669,900
Investment Analysis — 1029 Main Street
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01524 carries an estimated $2,250/mo in gross rent — about a 2.26% cap rate and $15,127/yr in estimated NOI at the $669,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,620
Style
Single Family
Built
1789
Welcome home to Capt. Cutting's Colonial Revival. History meets comfort. Completely renovated in the last 14 years. All-new major systems at the same time preserving the timeless charm and architectural details. Meticulously maintained and in pristine condition. Stainless steel kitchen appliances, and granite countertops. A rare opportunity to own a piece of Leicester's history. All new Anderson A Series windows. Enjoy the charm of living near the common with your own private oasis in the backyard.
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 2,620 sq ft principal dwelling). Lot size: 5,698 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondCloset
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFireplace, Closet
Bedroom 4
Lvl SecondFireplace, Closet
Bathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$669,900
Was $674,900
Sep 10, 2026
MLS® 73542275
$674,900
Was $699,800
Jul 15, 2026
MLS® 73542275
$699,800
Jun 25, 2026
MLS® 73542275
Listing Agent: Mary Ellen Pratte
Listing Office: 9 West Realty
MLS® Number: 73542275
