299 River St Leicester — Photo 1 of 40
Recent Drop: $15,000
$549,900
Investment Analysis — 299 River St
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 2.40% cap rate and $13,174/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,510
Style
Single Family
Built
2012
Custom built home on 2+ level acres abutting conservation land, set back 200' in a wooded setting, with a long-paved driveway and underground utilities.Built to last, the heavy-duty 2X6 framing features superior insulation (12" floors/ceilings, 6"walls); for ultra-low utility bills, and 6 pane tilt-in Harvey double insulated windows, full stainless-steel screens and Anderson doors.Inside, enjoy gleaming solid oak hardwood floors, premium bedroom carpeting and custom Levelor blinds. Elegant solid oak cabinets, granite countertops, with custom tiled backsplashes run thought-out both the kitchen and bathrooms, paired with ceramic tiled bathroom floors.Enjoy effortless central air, and a 4-bedroom approved septic ready for easy expansions. The bright walkout basement boosts Harvey windows and French doors and 8' ceilings. Oversized 2 car garage has automatic door openers, two Harvey windows and walkout side door. House also features Leaf Filter gutters and a deck with a metal awning.
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: 755 sq ft (the lesser of 900 sq ft or half the 1,510 sq ft principal dwelling). Lot size: 90,174 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range • Other • Plumbed For Ice Maker
Neighborhood
Golf • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12.7 x 29
Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Kitchen
Lvl First12 x 19
Ceiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Slider, Stainless Steel Appliances
Master Bedroom
Lvl First13 x 15
Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First11 x 12
Bedroom 3
Lvl First10 x 12
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$549,900
Was $564,900
Sep 4, 2026
MLS® 73563056
$564,900
Aug 13, 2026
MLS® 73563056
Listing Agent: Dave White
Listing Office: OwnerEntry.com
MLS® Number: 73563056
