11 Greybert Ln Worcester — Photo 1 of 42
$479,900
Investment Analysis — 11 Greybert Ln
Worcester, MA 01602
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01602 carries an estimated $2,780/mo in gross rent — about a 4.26% cap rate and $20,431/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,598
Style
Single Family
Built
1963
SINGLE LEVEL LIVING WATERFRONT HOME!! Nestled on a cul-de-sac near Worcester State, this home sits on a stunning, flat waterfront lot on Patch Reservoir - kayak, canoe, fish, or simply enjoy the privacy, wildlife, and picturesque views right from your backyard! The huge composite deck, concrete steps to the water, aluminum frame dock, and fully-fenced yard make outdoor living effortless. Inside, an open living/dining area flows to the deck through sliders, with waterproof laminate flooring protecting original hardwoods underneath. The kitchen, updated in 2020, features a propane gas range, honed granite counters, Bosch dishwasher, tile backsplash, and built-in speakers. The main floor also features a bathroom with full tub/shower with glass doors, updated vanity, and plantation shutters, as well as 3 bedrooms with hardwood floors,plantation shutters, and ceiling fans. The partially finished basement offers a TV room, music room, ¾ bath, & laundry as well as an unfinished section with storage space and a utility sink. The home's systems have been meticulously maintained and/or upgraded throughout the years so you can enjoy a newer oil tank, double-pane tilt-in windows, radon system, Mass Save insulation, 2012 roof (50-yr architectural shingles and "sun tubes" for even more natural light), Tesla charger, owned solar panels for some serious electric bill savings, newer walkway, and recently sealed driveway. A rare waterfront opportunity in a quiet cul de sac neighborhood - tucked away for privacy, yet close to so many convenient amenities - shopping, parks, schools, walking trails, and the Worcester airport. The best of all worlds... get ready to fall in love with this move-in ready home! ** SHOWINGS BEGIN AT THE OPEN HOUSES SAT/SUN 9/12 & 9/13 1:30-3:30.
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: 799 sq ft (the lesser of 900 sq ft or half the 1,598 sq ft principal dwelling). Lot size: 14,600 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl BasementBathroom - 3/4
Listing Agent: Joanna King
Listing Office: Tangney Properties
MLS® Number: 73574764
