Active
25 Days on market
587 Main St Boylston — Photo 1 of 41

587 Main St Boylston — Photo 1 of 41

$479,900

Investment Analysis — 587 Main St

Boylston, MA 01505 — Boylston Center

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01505 carries an estimated $3,120/mo in gross rent — about a 4.71% cap rate and $22,607/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,520

Style

Single Family

Built

1922

Welcome to 587 Main St in Boylston! Set on almost 3 acres, this charming 3-bedroom, 1.5-bath Gambrel offers a wonderful combination of character, space and privacy. Step inside to a warm and inviting interior where wood flooring, natural woodwork and abundant natural light add to the home's classic appeal. The flexible first-floor layout provides plenty of room to spread out, with separate living, dining and family rooms that offer options for everyday living, entertaining or working from home.The spacious kitchen features a vaulted ceiling with skylights, abundant cabinetry, recessed lighting, wood flooring and a dining area. A wood/pellet stove adds warmth and character to the main living space, while large windows throughout the home bring in views of the surrounding greenery. The first floor also includes a full bath with double vanity, tub and shower. Upstairs you'll find three bedrooms with wood flooring and closets, along with a convenient half bath.Outside is where this property truly stands out. Nearly 3 acres offer a beautiful mix of open lawn and wooded surroundings, creating plenty of space to garden, entertain, enjoy outdoor activities or simply relax and appreciate the setting. A detached garage provides parking, storage and additional usable space, complemented by a separate storage shed. The property also offers generous off-street parking.Additional features include a tankless hot water system, insulated windows, generator connection and a partial basement with interior and exterior access. A brand-new septic system is being installed prior to closing, offering an important improvement for the next owner.Conveniently located on Route 70, less than a mile from Route 140, with access to nearby parks, walking and jogging trails, conservation areas and local amenities. If you've been looking for a home with character, flexible living space and acreage in Boylston, 587 Main St is ready to welcome its next owner.

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: 760 sq ft (the lesser of 900 sq ft or half the 1,520 sq ft principal dwelling). Lot size: 124,942 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

Original Price$479,900
Annual Taxes$5,847

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood
BasementPartial, Crawl Space, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRES 1010

Property & Lot

Acres2.87
SqFt Lot124,942
Lot FeaturesWooded, Cleared

Amenities & Appliances

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

Neighborhood

Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting

Dining Room
Lvl First

Flooring - Wood, Recessed Lighting

Kitchen
Lvl First

Skylight, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wood, Dining Area, Recessed Lighting

Family Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood

Master Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Tub & Shower, Double Vanity, Recessed Lighting

Bathroom 2
Lvl Second

Bathroom - Half

Listing Provided By

Listing Agent: Jennifer Roux

Listing Office: Real Broker MA, LLC

MLS® Number: 73565251