Active
26 Days on market
8 John Dr #8 Grafton — Photo 1 of 19

8 John Dr #8 Grafton — Photo 1 of 19

$400,000

Investment Analysis — 8 John Dr #8

Grafton, MA 01536

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01536 carries an estimated $2,060/mo in gross rent — about a 2.30% cap rate and $9,194/yr in estimated NOI at the $400,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

3.5

SqFt

1,276

Style

Condominium

Built

1986

Opportunity knocks at this 2-bedroom, 3 1/2 bathroom condo in a sought-after Grafton location! Priced to reflect the cosmetic updating it needs, this unit is a fantastic chance to build instant equity in a community that rarely sees inventory at this price point. Bring your vision, your paint swatches, and your contractor — the bones are here and the value is real. Inside you'll find a generous amount of living space with a functional layout offering two comfortable bedrooms, including a primary suite with its own full bath and an open living/dining area. The lower level features a full walkout, full bath and ample space for a home office or workout area. With some cosmetic updating, this unit has the potential to be transformed into a standout home. What truly sets this property apart is its location. Situated in Grafton — a classic New England town blending small-town charm with everyday convenience — residents enjoy easy access to historic downtown Grafton's shops and eateries, the Grafton Farmers' Market, and top-rated Grafton Public Schools. Commuters will appreciate quick access to Route 146 & 90 putting Worcester about 5 miles away with additional routes toward Providence and Boston.This is a rare chance to get into a well-located Grafton community below market value. Whether you're an investor or a first-time buyer ready to build sweat equity in a great location, 8 John Dr is worth a look. Schedule your showing today — opportunities like this don't last!

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$400,000
Annual Taxes$5,153
HOA Fee$370

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
Foundation--
ZoningRMF

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Property History

Listed
$400,000

Aug 17, 2026

MLS® 73564388

Sold
$188,500

Apr 7, 2010

MLS® 71031057

Listed
$194,500

Feb 10, 2010

MLS® 71031057

Listing Provided By

Listing Agent: James V. Brown

Listing Office: Brown & Brown Real Estate

MLS® Number: 73564388