29 Steele St #A Worcester — Photo 1 of 22
$625,000
Investment Analysis — 29 Steele St #A
Worcester, MA 01607 — Quinsigamond Valley
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01607 carries an estimated $2,540/mo in gross rent — about a 2.51% cap rate and $15,665/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,400
Style
Single Family
Built
2025
NEW CONSTRUCTION – Gorgeous single-family attached home featuring a spacious living room, formal dining room, and a beautiful kitchen equipped with granite countertops and an island, 3 bedrooms and 2.5 bathrooms, including a primary suite with an- suite bathroom and walk-in closet, plus 2 additional sizable bedrooms.: Full, huge walkout basement with potential for an ADU (Accessory Dwelling Unit), plus a 2-car garage. Convenient proximity to shopping, restaurants, malls, and major highways, schools Ideal for your dream home or next investment opportunity—come see the potential!
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 2,400 sq ft principal dwelling).
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 MLS and other third-party data may be inaccurate or out of date.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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Open Floorplan
Dining Room
Lvl FirstCloset, Flooring - Hardwood, Flooring - Wood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Kitchen Island, Open Floorplan
Master Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Belmira Mendes
Listing Office: Weichert REALTORS®, Hope & Associates
MLS® Number: 73573323
