40 Hillside Ave Warren — Photo 1 of 27
Recent Drop: $49,000
$239,000
Investment Analysis — 40 Hillside Ave
Warren, MA 01083
Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a 4-bedroom in 01083 carries an estimated $2,840/mo in gross rent — about a 9.27% cap rate and $22,144/yr in estimated NOI at the $239,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,774
Style
Single Family
Built
1896
At 40 Hillside Ave in Warren, this 4-bedroom, 2-bath home offers a functional layout with features that support everyday living. Bright interior spaces provide flexibility for a variety of furniture arrangements, work-from-home needs, or entertaining. First-floor laundry adds convenience to daily routines, while two full baths help create an efficient flow throughout the home. The bedrooms offer comfortable spaces that can be tailored to your needs. Outside, the deck creates an inviting area for outdoor dining, relaxing, or enjoying fresh air. A shed adds valuable storage for tools, equipment, or seasonal items. Plus an unfinished attic allowing for more potential space. Great commuter location - 1 hour and 15 minutes from Boston, and 30 minutes from Springfield. With a thoughtful mix of interior comfort and useful exterior features, this property presents an excellent opportunity for buyers seeking space, versatility, and practical amenities in Warren.
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: 887 sq ft (the lesser of 900 sq ft or half the 1,774 sq ft principal dwelling). Lot size: 9,148 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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Property History
$239,000
Was $269,000
Jun 27, 2026
MLS® 73486370
$269,000
Was $279,900
May 31, 2026
MLS® 73486370
$279,900
Was $288,000
Apr 30, 2026
MLS® 73486370
$288,000
Mar 13, 2026
MLS® 73486370
Listing Agent: Team Rovi
Listing Office: Real Broker MA, LLC
MLS® Number: 73486370
