
8 Alstead Millbury — Photo 1 of 39
$874,000
Investment Analysis — 8 Alstead
Millbury, MA 01527
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 5-bedroom in 01527 carries an estimated $2,860/mo in gross rent — about a 1.72% cap rate and $15,030/yr in estimated NOI at the $874,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4.5
SqFt
3,822
Style
Single Family
Built
2003
Amazing Value in this exceptional CUSTOM CAPE w/ IN-LAW SUITE set in a quiet neighborhood w/peaceful surroundings & lots of nature! Thoughtfully designed for flexibility, comfort & modern living, this home offers space, privacy & multi-generational functionality. The In-Law Suite was beautifully designed w/a modern kitchen, BR, LR & Bath. With almost 4,000 square feet, this 5 bed, 4.5 bath home features a bright, open layout ideal for both everyday living & entertaining. The sun-filled kitchen flows seamlessly into a spacious LR, while dining areas provide added room to gather & host. The inviting enclosed screened-in porch is perfect to relax & entertain on. A standout feature of the home is the versatile LOFT SPACE-perfect as family room/guest retreat/home office/play space. Upstairs is an expansive primary suite w/full bath & walk-in closet plus 2 add'l bedrooms & main bath. Great commuting location close to highways and major roadways! A MUST SEE! Make your private appointment today!
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 3,822 sq ft principal dwelling). Lot size: 53,313 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
Electric Water Heater • Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Range Hood
Neighborhood
Shopping • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Slider
Dining Room
Lvl Main,FirstFlooring - Hardwood, Chair Rail, Wainscoting
Kitchen
Lvl Main,FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Cabinets - Upgraded, Recessed Lighting
Master Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bedroom 5
Lvl BasementFlooring - Vinyl, Closet - Double
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Karen Russo
Listing Office: Coldwell Banker Realty - Worcester
MLS® Number: 73555790
