
391 Providence Rd #1 Grafton — Photo 1 of 32
$399,900
Investment Analysis — 391 Providence Rd #1
Grafton, MA 01560
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01560 carries an estimated $1,870/mo in gross rent — about a 2.04% cap rate and $8,147/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,871
Style
Condominium
Built
1986
This spacious 2-bedroom, 1.5-bath townhouse offers 1,871 sq. ft. of living space across multiple levels. The main level features gleaming hardwood floors, a bright living room with bay window, an open dining area, and a spacious kitchen with breakfast nook and stainless-steel appliances. Upstairs are two generously sized bedrooms and a full bath, while the finished lower level provides a large recreation room perfect for a home office, gym, media room, or additional living space. A third-floor bonus room with hardwood floors and a vaulted ceiling offers even more flexibility. Enjoy outdoor space with a private patio, plus convenient access to area shopping, recreation, and major routes.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.8 x 17.1
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Overhead
Dining Room
Lvl First12.1 x 8.7
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Lvl First17.3 x 9.3
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl null15.2 x 11.9
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl null13.6 x 11.4
Bathroom 1
Lvl First4.8 x 5.1
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl Second10.1 x 8.1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Overhead
Listing Agent: Justin Panarelli
Listing Office: Real Broker MA, LLC
MLS® Number: 73572443
