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8 Alstead Millbury — Photo 1 of 39

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.

View Standard Listing

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

Original Price$874,000
Annual Taxes$11,053

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms11
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Flooring - Vinyl
BasementFull, Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingCentral, Forced Air, Oil
CoolingCentral Air
WaterPrivate
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres1.22
SqFt Lot53,313
Lot FeaturesCorner 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

Second
Master BedroomBedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Bedroom 2Bathroom 1
Basement
Bedroom 5
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl Main,First

Flooring - Hardwood, Chair Rail, Wainscoting

Kitchen
Lvl Main,First

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

Master Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bedroom 5
Lvl Basement

Flooring - Vinyl, Closet - Double

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Karen Russo

Listing Office: Coldwell Banker Realty - Worcester

MLS® Number: 73555790