
65 Castine St. Worcester — Photo 1 of 40
$615,000
Investment Analysis — 65 Castine St.
Worcester, MA 01606
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01606 carries an estimated $2,750/mo in gross rent — about a 3.07% cap rate and $18,875/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,138
Style
Single Family
Built
2023
You'll fall in love with this sophisticated living space designed for contemporary lifestyles in the new Malden Woods neighborhood. Located directly on the cul-de-sac, it's perfect for outdoor activities. This young home, built in 2023 offers an airy, open floor plan on the first floor. Enjoy entertaining in the beautiful modern kitchen with quartz countertops, ss appliances, and a large island with seating. The dining/living room is modern and spacious. Flexible separate family room can also be a playroom or office space next to a convenient half bath. Upstairs you'll find a stunning primary suite with hardwood floors, large closets and a spa-like ensuite bath. Two more large bedrooms and another full bath and 2nd floor laundry finish off the second floor. You'll love relaxing with your coffee on the large deck overlooking your private backyard. Stay cool with central A/C. The first floor offers a mudroom area, a storage room, coat closet and direct access to your two car tandem garage with a huge workshop area. Enjoy getting into your nice warm car this winter and stop worrying about scraping your windshield! Quick access to 190, 290, and the Mass Pike! Enjoy all that the quiet side of Worcester has to offer while still being close to great restaurants, Polar Park, shopping and the Worcester train station! Enjoy all of the energy efficiency of a new construction home with this three year old build! This distinguished property represents an exceptional opportunity for discerning buyers seeking a refined living experience in Worcester.
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 2,138 sq ft principal dwelling). Lot size: 4,791 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
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting
Family Room
Lvl FirstFlooring - Hardwood
Master Bedroom
Lvl SecondBathroom - Full, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Listing Agent: Catherine Kiernan
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73573699
