Active
23 Days on market
228 Worcester Rd Westminster — Photo 1 of 42

228 Worcester Rd Westminster — Photo 1 of 42

$1,400,000

Investment Analysis — 228 Worcester Rd

Westminster, MA 01473

Based on rent reported on the MLS listing, a 2-unit multi-family in 01473 carries $3,200/mo in gross rent — about a 1.28% cap rate and $17,930/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.

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Beds

6

Baths

5

SqFt

3,900

Style

Multi Family

Built

2018

A rare waterfront investment opportunity on Wyman’s Pond! Built in 2018 and situated on nearly 3 acres with a boat dock, this impressive two-family offers nearly 4,000 square feet of living space with 6 bedrooms and 6 bathrooms total - 3 bedrooms and 3 baths in each unit. Both units feature beautiful hardwood floors, spacious open-concept living and dining areas overlooking the water, propane fireplaces and stunning kitchens with oversized islands, walk-in pantries and an abundance of cabinetry and counter space. Each primary suite offers a walk-in closet and luxurious en-suite with a custom tiled shower, soaking tub and double vanities, while two additional bedrooms and another full bath complete the second floor. Both units also offer private back decks and one-car garages, while Unit A adds even more living space with a finished basement. Unit A currently has a tenant in place through April, providing consistent income from day one. Rent out both units or live in one while generating income from the other - all while owning a truly unique waterfront property on Wyman’s Pond.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,400,000
Annual Taxes$11,254

Parking

Garage2
Off-Street22

Interior Specifications

Total Rooms14
Fireplaces2
FlooringTile, Carpet, Hardwood, Stone/Ceramic Tile
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Propane
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres2.87
SqFt Lot125,204
Lot FeaturesWooded, Cleared, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Olivia Paras

Listing Office: LAER Realty Partners

MLS® Number: 73566322