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65 Castine St. Worcester — Photo 1 of 40

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.

View Standard Listing

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.

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Property Details

Financials

Original Price$615,000
Annual Taxes$6,205

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
FlooringTile, Hardwood
BasementFull, Finished, Interior Entry, Garage Access

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Metal
FoundationConcrete Perimeter
ZoningRL-7

Property & Lot

Acres0.11
SqFt Lot4,791
Lot FeaturesCleared, Level

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

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

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting

Family Room
Lvl First

Flooring - Hardwood

Master Bedroom
Lvl Second

Bathroom - Full, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Listing Provided By

Listing Agent: Catherine Kiernan

Listing Office: Coldwell Banker Realty - Worcester

MLS® Number: 73573699