49 South Street Grafton — Photo 1 of 42
Recent Drop: $75,000
$950,000
Investment Analysis — 49 South Street
Grafton, MA 01519
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01519 carries an estimated $4,080/mo in gross rent — about a 2.53% cap rate and $24,006/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,958
Style
Single Family
Built
1994
This custom cape-cod home is just a short distance to the Grafton Commons. The entryway is loaded with classic moldings and French-doors. It is flanked by a formal living room with crown moldings and a cozy private office. Straight ahead is the gorgeous dining room which has crown and chair-rail moldings along with a ceiling medallion. As you move towards the back of the house, you’ll find an open and spacious kitchen, an eating area and a den with a fireplace. Enjoy views of each season in the heated sunroom. The 1st floor also has a Master Bedroom suite. The 2nd floor offers 3 generously sized bedrooms, a bathroom and an unfinished space with soaring ceilings and gable end windows. In addition to the one car attached garage there is also a detached two car heated garage with a workshop (great potential for an Accessory Dwelling Unit). The grounds are equally impressive as the home sits atop a small knoll with fruit trees and a nearby brook to accompany the massive private backyard.
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 2,958 sq ft principal dwelling). Lot size: 128,502 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 14
Flooring - Hardwood
Dining Room
Lvl First16 x 15
Flooring - Hardwood, Chair Rail, Lighting - Overhead
Kitchen
Lvl First14 x 14
Ceiling Fan(s), Flooring - Laminate, Countertops - Paper Based, Lighting - Overhead
Office
Lvl First16 x 14
Ceiling Fan(s), Flooring - Hardwood
Family Room
Lvl First29 x 17
Flooring - Hardwood, Deck - Exterior
Master Bedroom
Lvl First19 x 14
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Second15 x 12
Bedroom 3
Lvl Second15 x 12
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second15 x 13
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6 x 4
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First6 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile, Pedestal Sink
Bathroom 3
Lvl First6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$950,000
Was $1,025,000
Jul 30, 2026
MLS® 73515016
$1,025,000
Jun 30, 2026
MLS® 73412105
$1,025,000
May 7, 2026
MLS® 73515016
$1,025,000
Jul 31, 2025
MLS® 73412105
Listing Agent: Edward J. Newton
Listing Office: Mathieu Newton Sotheby's International Realty
MLS® Number: 73515016
