
60 Riverlin Street Millbury — Photo 1 of 38
$499,900
Investment Analysis — 60 Riverlin Street
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01527 carries an estimated $2,580/mo in gross rent — about a 3.72% cap rate and $18,597/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,320
Style
Single Family
Built
1850
Welcome Home to your peaceful retreat overlooking Woolshop Pond! Come fall in love with this charming Colonial, beautifully remodeled in 2011 and perfectly situated to take advantage of the tranquil views of the pond. From the moment you step inside, you'll feel right at home. The inviting living room welcomes you through the front door and flows effortlessly into a comfortable dining area, creating a wonderful open feel for both everyday living and entertaining. The dining area leads directly into the spacious, updated kitchen, featuring granite countertops & stainless-steel appliances. A full bath tucked away on the first floor adds convenience & functionality. Upstairs, you'll find three generously sized bedrooms, each offering excellent closet space . The full unfinished basement provides abundant storage and endless possibilities. With its size and potential, it could easily become additional living space to suit your needs. But the real showstopper awaits outside! Step onto the massive rear deck and take in the peaceful views of the pond. Whether you're enjoying your morning coffee, hosting summer gatherings, or simply relaxing at the end of the day, this is a setting you'll never tire of. The level backyard is beautifully landscaped & offers plenty of space for outdoor enjoyment. A large, recently paved driveway provides comfortable parking for up to six cars. A beautifully updated home, gorgeous pond views, a fabulous outdoor space, and plenty of parking—this one truly has it all. Come see why you'll want to call it home!
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: 660 sq ft (the lesser of 900 sq ft or half the 1,320 sq ft principal dwelling). Lot size: 15,246 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 12
Dining Room
Lvl First10 x 15
Kitchen
Lvl First13 x 14
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Remodeled
Master Bedroom
Lvl Second116 x 11
Bedroom 2
Lvl Second12 x 14
Bedroom 3
Lvl Second10 x 11
Listing Agent: Lisa Iantosca
Listing Office: Donahue Real Estate Co.
MLS® Number: 73568100
