328 Mechanic St Marlborough — Photo 1 of 34
$580,000
Investment Analysis — 328 Mechanic St
Marlborough, MA 01752
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01752 carries an estimated $3,080/mo in gross rent — about a 4.02% cap rate and $23,311/yr in estimated NOI at the $580,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,598
Style
Single Family
Built
1897
Welcome to 328 Mechanic St! This charming 3-bedroom, 1.5-bath home offers 1,598 sq. ft. of comfortable living space and an impressive outdoor setting. Step inside to a bright, inviting layout featuring hardwood floors, a spacious kitchen with center island, and an open flow ideal for everyday living and entertaining. The real highlight is outside: enjoy a large, level backyard with plenty of room for gatherings, recreation, or gardening, plus a composite deck, patio and covered gazebo creating multiple spaces to relax and entertain. Central air, natural gas, city water/sewer, a finished walk-out basement, and off-street parking for up to 6 vehicles add convenience. Conveniently located near shopping, parks, trails, schools, highway access and public transportation. A wonderful opportunity to enjoy both indoor comfort and exceptional outdoor space in Marlborough!
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: 799 sq ft (the lesser of 900 sq ft or half the 1,598 sq ft principal dwelling). Lot size: 15,114 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
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: Hugo Correa
Listing Office: Mega Realty Services
MLS® Number: 73570265
