490 Main Street #205 Northborough — Photo 1 of 30
Recent Drop: $39,000
$400,000
Investment Analysis — 490 Main Street #205
Northborough, MA 01532
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 1-bedroom in 01532 carries an estimated $2,390/mo in gross rent — about a 2.30% cap rate and $9,188/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
1,220
Style
Condominium
Built
2006
Welcome to this 55+ condominium. Just 48 Units! One level living with elevator to access the second floor. This one bedroom unit has an open floor plan. Lovely cherry cabinets, granite counters, new refrigerator and the option for either a gas or electric stove. Many cabinets with roll out drawers and huge pantry closet. Crown molding in all the rooms and gleaming hardwood flooring! Living room with gas log fireplace. This opens to a private Balcony. State of the art on demand hot water heater and full size washer and dryer. Deeded parking in enclosed under ground garage. Storage unit off assigned parking space. Plenty of guest parking. There is a club room and exercise room on this level. The elevator will bring you to the Lobby or the lower level and garage. This is a very special unit in a sought after community. Easy to show, vacant and on LB. Make your appointment today do not miss your opportunity to live here. Note the price improvement today!
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 MLS and other third-party data may be inaccurate or out of date.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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Instant Hot Water
Neighborhood
Shopping • Park • Medical Facility • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Balcony / Deck, Balcony - Exterior, Cable Hookup, Open Floorplan, Crown Molding
Kitchen
Lvl Main,FirstBathroom - Half, Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan
Master Bedroom
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Flooring - Stone/Ceramic Tile
Property History
$400,000
Was $410,000
Jul 24, 2026
MLS® 73500282
$410,000
Was $425,000
Jun 12, 2026
MLS® 73500282
$425,000
Was $439,000
May 1, 2026
MLS® 73500282
$439,000
Apr 12, 2026
MLS® 73500282
Listing Agent: Donna Warrenholmes
Listing Office: ERA Key Realty Services - Distinctive Group
MLS® Number: 73500282
