
37 Aspen Avenue Grafton — Photo 1 of 42
$965,000
Investment Analysis — 37 Aspen Avenue
Grafton, MA 01560 — Maplevale Estates
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01560 carries an estimated $2,570/mo in gross rent — about a 1.35% cap rate and $12,993/yr in estimated NOI at the $965,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
4,270
Style
Single Family
Built
2005
Designed for elevated everyday living and memorable gatherings, this 4-bedroom, 3.5-bath Colonial in Maplevale Estates offers generous space, comfort, and thoughtful details at every turn. A private first-floor office with French doors provides the ideal backdrop for Teams meetings or focused workdays, while the expansive patio with custom stonework and lighting creates an inviting setting for summer evenings, lively conversation, and entertaining with friends. At the center of the home, the sizable eat-in kitchen features granite counters, a center island, and pantry storage, with plenty of room to gather while meals are prepared, catch up on the day, or grab a quick snack. The adjoining dining room is filled with natural light and accented by a brand-new chandelier, ready for years of holidays, celebrations, and dinners together. Upstairs, the master suite feels like a true retreat, complete with a comfortable sitting area for reading before bed, a walk-in closet with custom cabinetry to keep everything beautifully organized, and a marble bath with double vanity and soaking tub for unwinding at the end of a long week. Hardwood floors throughout add warmth and continuity, while distant views from the bedrooms offer a peaceful start and finish to the day. Convenient second-floor laundry makes wash day easier and keeps the baskets out of sight. The fully finished walkout lower level with kitchenette expands the possibilities with a wet bar, refrigerator, and full bath, creating the perfect spot for game nights, Netflix marathons, guests, and sleepovers. An additional bonus room is ideal for crafts, Peloton workouts, yoga, or whatever helps you recharge. Energy-efficient solar helps keep electric costs in check, while an EV charger adds everyday convenience for electric vehicle owners. All of this is set within the desirable neighborhood setting of in popular Grafton!
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 4,270 sq ft principal dwelling). Lot size: 11,841 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.
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13 x 16
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,First13 x 15
Flooring - Hardwood, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
Lvl Main,First21 x 15
Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Recessed Lighting
Office
Lvl Main12 x 10
Flooring - Hardwood, French Doors
Family Room
Lvl Main,First20 x 15
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Lighting - Overhead
Master Bedroom
Lvl Main,Second31 x 28
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead, Decorative Molding
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Second14 x 12
Closet, Flooring - Hardwood, Lighting - Overhead, Closet - Double
Bedroom 4
Lvl Second13 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Main,First6 x 5
Bathroom - Half, Flooring - Hardwood, Pedestal Sink
Bathroom 2
Lvl Second11 x 12
Bathroom - Full, Bathroom - Half, Flooring - Marble, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Recessed Lighting
Bathroom 3
Lvl Second9 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Marble, Countertops - Stone/Granite/Solid
Listing Agent: Robert Smith
Listing Office: Mathieu Newton Sotheby's International Realty
MLS® Number: 73562866
