118 Adams East Brookfield — Photo 1 of 39
$449,000
Investment Analysis — 118 Adams
East Brookfield, MA 01515
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01515 carries an estimated $2,250/mo in gross rent — about a 3.75% cap rate and $16,832/yr in estimated NOI at the $449,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,920
Style
Single Family
Built
1880
Classic Colonial Farmhouse on 26.5 Acres* *Sold As-Is – Tremendous Potential Awaits*Discover this large, charming Colonial farmhouse nestled on a generous 26.5-acre parcel. An inviting semi-circular driveway welcomes you to this expansive home, formerly a well-known bait shop, offering exceptional opportunities for home-based businesses. The property includes a former business area comprising an approximately 511-square-foot shop.*Key Features:*- 4 bedrooms and 1 bathroom- Large enclosed porch- Additional approximately 462-square-foot unfinished second-floor space- 144-square-foot shed- Newer furnace- Oil tank approximately 3 years old- Recently serviced water heater- Title V septic system approved approximately 3 years ago- Well water.The mostly uncleared 26.5-acre lot features approximately 170 feet of road frontage. Built in 1880 according to public records, the property is being sold as-is and may not qualify for all types of financing. While some cosmetic updates are needed, this residence offers tremendous potential for restoration and customization.Conveniently located just 10 minutes from a Massachusetts Turnpike entrance.*Don’t miss this unique opportunity to own a distinctive Colonial farmhouse with acreage and versatile possibilities.*
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 1,920 sq ft principal dwelling). Lot size: 1,154,340 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
Water Heater
Neighborhood
Shopping
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondListing Agent: Menahem Ben Bichotte
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73570076
