595 Lebanon Hill Rd Southbridge — Photo 1 of 41
$415,000
Investment Analysis — 595 Lebanon Hill Rd
Southbridge, MA 01550
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01550 carries an estimated $2,140/mo in gross rent — about a 3.43% cap rate and $14,225/yr in estimated NOI at the $415,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,512
Style
Single Family
Built
1976
Welcome home to this spacious 3-bedroom, 2-bath raised ranch offering versatility, space, and incredible potential! The partially finished walkout basement provides additional living space, a great opportunity for a home office, recreation room, or whatever suits your needs. Outside, the .53-acre lot offers plenty of room to relax, entertain, or enjoy the outdoors. The detached 2-car garage is a standout feature, complete with a huge heated bonus room above—perfect for a workshop, studio, gym, home office, or additional gathering space. There’s even a third garage bay underneath, providing exceptional storage and workspace. With multiple levels of usable space and a property designed for both everyday living and hobbies, this is one you won’t want to miss! Seller may need additional time to secure suitable housing.
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: 756 sq ft (the lesser of 900 sq ft or half the 1,512 sq ft principal dwelling). Lot size: 23,087 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 • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Cabinets - Upgraded
Family Room
Lvl BasementFlooring - Wall to Wall Carpet, Cable Hookup
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl BasementListing Agent: The Jackson & Nale Team
Listing Office: REMAX Connections - Belchertown
MLS® Number: 73564370
