114 Elmwood Avenue Holden — Photo 1 of 40
$974,900
Investment Analysis — 114 Elmwood Avenue
Holden, MA 01520
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01520 carries an estimated $3,370/mo in gross rent — about a 2.18% cap rate and $21,228/yr in estimated NOI at the $974,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
2,776
Style
Single Family
Built
2003
Live the lifestyle you've been dreaming of in this exceptional 4BR, 3.5-bath Colonial set on nearly an acre. Designed for everyday comfort and effortless entertaining, the home features a flexible layout with two potential primary en suites, including a stunning main-level retreat with cathedral ceiling, propane fireplace, and spa-like bath with dual vanity and glass-enclosed shower. The spacious kitchen offers ample prep space and opens to a sunken great room with fireplace overlooking the private backyard oasis. Relax in the three-season porch or step outside to enjoy the fenced, heated inground pool, jacuzzi, and garden fireplace, creating a true resort-at-home experience. Additional highlights include efficient mini-split cooling, a 2-car garage, and a finished lower level ideal for a home office, gym, or game room. Ideally located in sought-after Holden, known for its highly regarded schools, abundant recreation, open spaces, and convenient access to Worcester and major commuting routes ~ Welcome Home!
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 2,776 sq ft principal dwelling). Lot size: 42,614 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Vacuum System - Rough-in
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula
Family Room
Lvl FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Open Floorplan, Slider, Sunken
Master Bedroom
Lvl Main,FirstBathroom - 3/4, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, French Doors, Slider
Bedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl FirstBathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, French Doors
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: Jeffrey Gibbs
Listing Office: Gibbs Realty Inc.
MLS® Number: 73571550
