15 W Main St Upton — Photo 1 of 5
$499,000
Investment Analysis — 15 W Main St
Upton, MA 01568
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01568 carries an estimated $2,910/mo in gross rent — about a 3.17% cap rate and $15,840/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,217
Style
Single Family
Built
1855
After being cherished by the same family for approximately 170 years, 15 West Main Street presents an extraordinary opportunity to become the next steward of a truly special historic property. Known as the Arba Thayer Wood House and Barn, this distinguished homestead was built in 1855 by Arba Thayer Wood and retains the character, craftsmanship, and gracious proportions of a bygone era. Rich with history and remarkably preserved original details, the property is ideally suited for an antique home enthusiast, preservationist, or skilled restorer with the vision to thoughtfully renovate and bring this significant residence into its next chapter. Seller has installed a new 4 bedroom Septic System. The property is being sold in AS-IS condition. Buyers and buyers' agents are responsible for performing their own due diligence regarding the property, its condition, systems, permitted uses, renovation requirements, historical significance, and any other matters important to them. Other than new septic and town water, Seller makes no representations of any type or kind as to condition.
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 3,217 sq ft principal dwelling). Lot size: 86,725 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 • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access • House of Worship
Geography
Property History
$499,000
Aug 27, 2026
MLS® 73569379
$1,500,000
Dec 18, 2024
MLS® 73293483
$1,495,000
Dec 14, 2024
MLS® 73293659
$1,495,000
Sep 23, 2024
MLS® 73293659
$1,495,000
Sep 23, 2024
MLS® 73293483
Listing Agent: Kim Backlund
Listing Office: Northeast Realty + Co.
MLS® Number: 73569379
