16 Elliott Road Sterling — Photo 1 of 38
Recent Drop: $75,000
$599,900
Investment Analysis — 16 Elliott Road
Sterling, MA 01564
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01564 carries an estimated $2,590/mo in gross rent — about a 2.42% cap rate and $14,511/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,316
Style
Single Family
Built
1990
Nestled at the end of a cul-de-sac and set on a beautiful 1-acre lot abutting protected DCR land, this home offers the privacy and flexibility today’s buyers are seeking. Inside, you’ll find 3 bedrooms, 2.5 baths, and a versatile bonus room above the garage—perfect for a home office, playroom, media room, guest space, or whatever suits your lifestyle. Recent updates including fresh interior paint, updated light fixtures, and new kitchen flooring give the home a bright, refreshed feel. The spacious lot provides plenty of room to enjoy the outdoors while the adjoining conservation land creates a peaceful natural backdrop. Whether you’re entertaining, working from home, or simply looking for a little extra space and privacy, this property delivers. Conveniently located with easy access to local amenities while offering a tucked-away setting you’ll love coming home to.
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 2,316 sq ft principal dwelling). Lot size: 47,480 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
Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 14
Wood / Coal / Pellet Stove, Flooring - Hardwood
Kitchen
Lvl First40 x 26
Bathroom - Half, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access
Office
Lvl First14 x 16
Flooring - Hardwood
Master Bedroom
Lvl Second23 x 21
Cathedral Ceiling(s), Ceiling Fan(s)
Bedroom 2
Lvl Second15 x 14
Bedroom 3
Lvl Second14 x 12
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second15 x 15
Closet, Flooring - Hardwood
Property History
$599,900
Was $625,000
Aug 12, 2026
MLS® 73529725
$625,000
Was $649,900
Jul 13, 2026
MLS® 73529725
$649,900
Was $674,900
Jun 18, 2026
MLS® 73529725
$674,900
Jun 3, 2026
MLS® 73529725
Listing Agent: Sophia Gibbs
Listing Office: Gibbs Realty Inc.
MLS® Number: 73529725
