1334 N Main St Lancaster — Photo 1 of 3
$356,000
Investment Analysis — 1334 N Main St
Lancaster, MA 01523
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01523 carries an estimated $1,880/mo in gross rent — about a 4.07% cap rate and $14,501/yr in estimated NOI at the $356,000 list price. Adjust every assumption in the calculator below.
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This offering presents a rare & compelling opportunity to create lasting value in one of Lancasters most established settings.Offered for sale as a house property w/ extraordinary upside, this permit-ready offering is ideally suited for buyers, builders & visionaries seeking a project w/ meaningful flexibility & future potential. The true distinction lies in its adaptability: the property is zoned for multifamily or ADU builds, opening the door to a broad range of possibilities from a thoughtful restoration & expansion to an income-producing reimagining tailored to today’s evolving housing needs. Whether your ambition is to craft a refined single-residence, develop additional living quarters, or pursue a strategic investment, the framework is already in place for your next chapter. Equally appealing is the lot itself, offering the kind of space that inspires imagination & rewards long-term planning. Current house on lot could potentially be repaired/renovated, or razed for a new build.
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 MLS and other third-party data may be inaccurate or out of date.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
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Listing Agent: Dave White
Listing Office: OwnerEntry.com
MLS® Number: 73517609
