35 West Street Petersham — Photo 1 of 27
Recent Drop: $36,500
$698,500
Investment Analysis — 35 West Street
Petersham, MA 01366 — Town Center
Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a 4-bedroom in 01366 carries an estimated $2,920/mo in gross rent — about a 3.38% cap rate and $23,615/yr in estimated NOI at the $698,500 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,304
Style
Single Family
Built
1870
Masterful reconstruction of cherished town landmark into a fully modern and efficient family home. Stripped to the Post and Beam frame for structural restoration and installation of state of the art insulation, electrical and plumbing. The house is now an open concept first floor with a new Master Suite addition in the rear. The layout is inspired. Second floor has three generous bedrooms and a second full bath. Master suite could be a great family room and an office where the walk in closet sits and just use the three upstairs bedrooms. Two-sided fireplace with restored ceramic flues, one in great room and one in Master Suite/Family room. Heat and cooling provided by state of the art mini-split systems giving full control to temperature in each room. Driveway and parking area have base for pavement if buyer chooses the upgrade to blacktop. Barn has been structurally restored, has new siding, metal roof, new garage doors and side entry door. Excellent two plus car garage plus lots of storage on two levels. New 4 bedroom septic created a beautiful, level side yard. This is now a truly modern and beautiful home crafted with great care and imagination.
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 2,304 sq ft principal dwelling). Lot size: 38,332 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 • Range
Neighborhood
Walk/Jog Trails • Stable(s) • Golf • Conservation Area • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Master Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondProperty History
$698,500
Was $735,000
Aug 31, 2026
MLS® 73522756
$735,000
May 21, 2026
MLS® 73522756
Listing Agent: James Rheault
Listing Office: Berube Real Estate
MLS® Number: 73522756
