12 Cedar Ave Millbury — Photo 1 of 24
$419,900
Investment Analysis — 12 Cedar Ave
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01527 carries an estimated $2,580/mo in gross rent — about a 4.41% cap rate and $18,498/yr in estimated NOI at the $419,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,147
Style
Single Family
Built
1950
Buyer's cold feet is your gain. Lovely 3 bedroom ranch in pretty neighborhood is ready for new owners to make it their own. Bright, updated, eat-in kitchen has newer cabinets and granite counters; stainless steel appliances included. Generous sized living room has newly refinished, original hardwood floors. All 3 bedrooms also have refinished hardwood floors. Updated full bath completes the living area. Step onto the screened-in porch off the living room and you'll appreciate the privacy that the surrounding plants and wooded backyard provide. Washer & dryer in lower level also stay. 1 car detached garage and a carport. Roof shingles done in 2010, newer insulated windows. Convenient 2 paved driveways for extra parking. Fantastic location on the Grafton line with the MA Pike right up the street and nearby rts 20 & 9 for shopping and commuter 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: 574 sq ft (the lesser of 900 sq ft or half the 1,147 sq ft principal dwelling). Lot size: 12,874 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 • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Flooring - Hardwood, Exterior Access
Kitchen
Lvl FirstFlooring - Laminate, Countertops - Stone/Granite/Solid, Country Kitchen, Exterior Access, Remodeled, Stainless Steel Appliances
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate, Countertops - Upgraded
Listing Agent: Jeanne Mchale
Listing Office: REMAX Executive Realty
MLS® Number: 73562334
