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4 Oscars Drive Spencer — Photo 1 of 41

4 Oscars Drive Spencer — Photo 1 of 41

$725,000

Investment Analysis — 4 Oscars Drive

Spencer, MA 01562

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01562 carries an estimated $2,040/mo in gross rent — about a 1.79% cap rate and $12,994/yr in estimated NOI at the $725,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,104

Style

Single Family

Built

1979

This is the one you’ve been waiting for! Set in a gorgeous private setting, this special property is packed with personality, impressive updates and unexpected extras around every corner. From the beautiful stone walls and gardens to the inground pool, cabana, stone patio and screened porch, the outdoor space feels like your own private getaway. Step inside and you’ll immediately see the pride of ownership. The warm and inviting Cape offers an updated custom kitchen with granite countertops, center island and updated appliances, plus a fantastic vaulted family room surrounded by oversized windows overlooking the backyard and pool. A first-floor primary bedroom and flexible first-floor laundry/den make the layout even more appealing. But wait until you see THE BARN! This incredible newer 30x40 two-story cedar-sided post-and-beam barn with an attached 12x18 office is an absolute showstopper. Contractor? Car enthusiast? Collector? Woodworker? Artist? Home business? Need a serious workshop or tons of storage? The possibilities are endless! So many updates, so much character and so much to love. Private, move-in ready and unlike anything else on the market—photos simply can’t capture everything this property has to offer.

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 2,104 sq ft principal dwelling). Lot size: 61,307 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$725,000
Annual Taxes$5,611

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Vinyl, Carpet, Concrete, Hardwood
BasementFull, Interior Entry, Garage Access, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil, Electric
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, Post & Beam
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres1.41
SqFt Lot61,307
Lot FeaturesWooded, Level

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Walk/Jog Trails • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Dining RoomPrimary BedroomBathroom 1
Main,First
Living RoomKitchenFamily Room
Living Room
Lvl Main,First

20 x 13

Wood / Coal / Pellet Stove, Beamed Ceilings, Closet, Cable Hookup, Exterior Access, Flooring - Engineered Hardwood

Dining Room
Lvl First

7 x 13

Kitchen
Lvl Main,First

12 x 14

Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded

Family Room
Lvl Main,First

16 x 15

Skylight, Beamed Ceilings, Remodeled, Slider

Primary Bedroom
Lvl First

14 x 13

Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl Second

16 x 14

Bedroom 3
Lvl Second

12 x 14

Skylight, Closet, Flooring - Engineered Hardwood

Bathroom 1
Lvl First

7 x 10

Bathroom - Full, Bathroom - With Tub & Shower, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

8 x 3

Bathroom - 3/4, Bathroom - With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile, Pedestal Sink

Listing Provided By

Listing Agent: Pamela Mills

Listing Office: Red Door Realty

MLS® Number: 73568230