33 Deer Pond Drive Leicester — Photo 1 of 22
$375,000
Investment Analysis — 33 Deer Pond Drive
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 4.03% cap rate and $15,100/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,220
Style
Single Family
Built
1955
Well-updated 3-bedroom ranch in an established neighborhood conveniently located near the town center. This spacious home offers a smart, comfortable floor plan with a large living room welcoming you upon entry. Just beyond the living room, a short hallway leads to three bedrooms and a full bath. On the opposite side, the updated kitchen features popular white shaker cabinetry, granite countertops, and stainless-steel appliances, opening to a spacious dining area and beautiful sunroom. Numerous improvements have been completed over the past few years, including a forced-air heat pump system with central AC, water heater, water main, newer flooring and carpeting, interior paint, light fixtures, bathroom updates, and several newer windows. Outside, enjoy plenty of off-street parking and a nicely sized backyard. A wonderful opportunity to enjoy a well-cared-for home with comfortable living spaces and a convenient location.
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: 610 sq ft (the lesser of 900 sq ft or half the 1,220 sq ft principal dwelling). Lot size: 8,250 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
Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstExterior Access, Open Floorplan
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid, Open Floorplan
Primary Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower
Listing Agent: The Balestracci Group
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73568747
