
403 June St Worcester — Photo 1 of 33
$449,900
Investment Analysis — 403 June St
Worcester, MA 01602
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01602 carries an estimated $2,780/mo in gross rent — about a 4.41% cap rate and $19,841/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,373
Style
Single Family
Built
1940
Welcome to this charming, beautifully maintained 3 bedroom Cape with amazing curb appeal offering a wonderful blend of character, comfort, and thoughtful updates! From the moment you walk in the front entry, you'll appreciate the warmth and inviting feel of this special home. The bright and spacious fireplaced living room features a pellet stove and charming arched doorway leading into the dining room, where you'll find crown molding and a beautiful built-in china cabinet. Gleaming hardwood floors add warmth and timeless appeal throughout most of the home. The nicely updated kitchen is a standout, featuring gorgeous quartz countertops, tile backsplash, updated cabinetry, and easy-care flooring. The kitchen flows naturally into the 3 season sunroom, creating a wonderful space to enjoy your morning coffee, relax, or take in views of the private level backyard. There is the option of a first floor bedroom/office/playroom, while the recently renovated bathroom with pocket door offers beadboard detailing, a tiled tub/shower surround, a linen closet, and a modern light/fan with Bluetooth speaker. Hardwood stairs lead to the roomy second floor main bedroom which boasts a ceiling fan and two closets, including one with built-in drawers. An additional good sized bedroom and a hallway closet complete this floor. Outdoor living is truly a highlight, with two patios, a pergola, and plenty of room for gardening, entertaining, or play. An irrigation system, on a separate meter, helps keep the yard looking its best. The one-car detached garage features a newer door and opener and provides convenient additional storage. Additional updates include a newer gas furnace and tankless hot water system (2021), electric panel (2012), and windows (2018). This home has been lovingly updated while maintaining its classic charm and offers inviting spaces both inside and out. A wonderful opportunity to own a move-in ready home in convenient and desirable West Worcester that truly feels special!
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: 687 sq ft (the lesser of 900 sq ft or half the 1,373 sq ft principal dwelling). Lot size: 7,200 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
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Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • House of Worship • Public School • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20.333333333 x 12.416666666
Flooring - Hardwood, Crown Molding
Dining Room
Lvl Main,First11.25 x 12.416666666
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Pendant
Kitchen
Lvl Main,First12 x 11.25
Flooring - Laminate, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl Second16.666666666 x 11.583333333
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Main,First11.166666666 x 11.25
Bedroom 3
Lvl Second11.333333333 x 11.583333333
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl Basement5.5 x 3.166666666
Bathroom - Half, Flooring - Vinyl, Lighting - Overhead
Bathroom 2
Lvl Main,First5.333333333 x 6.916666666
Bathroom - Half, Flooring - Stone/Ceramic Tile, Wainscoting, Lighting - Overhead
Property History
$449,900
Sep 10, 2026
MLS® 73575050
$452,000
Sep 27, 2024
MLS® 73275248
$429,900
Aug 8, 2024
MLS® 73275248
Listing Agent: Jill Bailey
Listing Office: Redfin Corp.
MLS® Number: 73575050
