12 Fairground Rd Sturbridge — Photo 1 of 20
Recent Drop: $10,000
$415,000
Investment Analysis — 12 Fairground Rd
Sturbridge, MA 01566
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01566 carries an estimated $2,850/mo in gross rent — about a 4.68% cap rate and $19,404/yr in estimated NOI at the $415,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,150
Style
Single Family
Built
1935
Charming Cedar Pond Waterfront Bungalow!Welcome to this adorable 3-bedroom, 2-bath waterfront bungalow nestled along the shores of beautiful Cedar Pond in Sturbridge. Full of character and thoughtful updates, this inviting home offers the perfect blend of charm, potential, and a peaceful waterfront lifestyle.Approximately 10-15 years ago, a second-story addition transformed the home by adding two spacious bedrooms and a full bath. At that time, the roof and windows were also replaced, and the home has seen electrical updates as well, providing added value and peace of mind.The first floor features an area where the previous owners began preparing for future improvements by removing a wall. The framing remains in place, offering the perfect opportunity for the next owner to bring their vision to life and customize the space to fit their needs—whether that’s creating a more open-concept layout, expanding the living area, or designing something uniquely their own.Outside, enjoy everything Cedar Pond has to offer—from relaxing mornings overlooking the water to kayaking, fishing, or simply unwinding in a serene setting. Whether you’re searching for a year-round home, a weekend retreat, or an investment opportunity, this charming property offers incredible potential in a sought-after waterfront location.Bring your ideas and make this adorable Cedar Pond bungalow your own!
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: 575 sq ft (the lesser of 900 sq ft or half the 1,150 sq ft principal dwelling). Lot size: 7,405 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
Geography
Property History
$415,000
Was $425,000
Sep 1, 2026
MLS® 73557112
$425,000
Jul 30, 2026
MLS® 73557112
Listing Agent: Js & The City Team
Listing Office: Serhant
MLS® Number: 73557112
