Active Under Contract
16 Days on market
8 Wheeler Rd Westborough — Photo 1 of 32

8 Wheeler Rd Westborough — Photo 1 of 32

$489,000

Investment Analysis — 8 Wheeler Rd

Westborough, MA 01581

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01581 carries an estimated $3,570/mo in gross rent — about a 5.22% cap rate and $25,539/yr in estimated NOI at the $489,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,512

Style

Single Family

Built

1966

Welcome to **8 Wheeler Road!** Offered at just **$489,000**, this classic ranch presents a rare opportunity to get into the desirable Westborough market at an attractive price point. With limited inventory available in this price range, this home offers tremendous potential for buyers looking to make a home their own while building equity. Situated on a spacious, tree-lined lot with mature landscaping, the home offers convenient **single-level living** and hardwood floors throughout much of the main level. The bright and spacious living room features a **wood-burning fireplace, built-in shelving, and distinctive picture window**, creating a warm and inviting centerpiece to the home. The kitchen offers ample cabinet and counter space, stainless steel appliances, and plenty of opportunity for future updates. Comfortable bedrooms feature hardwood flooring, and the full bath retains its classic mid-century character. The **partially finished lower level** provides valuable additional space with potential for a family room, home office, gym, workshop, or storage. With **hardwood floors, a fireplace, additional basement space, a beautiful lot, and a $489,000 asking price**, this is a compelling opportunity in Westborough. Conveniently located near schools, shopping, dining, recreation, and major commuter routes. **Opportunities at this price point in Westborough are hard to come by—bring your ideas and make 8 Wheeler Road your own!**

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: 756 sq ft (the lesser of 900 sq ft or half the 1,512 sq ft principal dwelling). Lot size: 12,633 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$489,000
Annual Taxes$7,019

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms6
Fireplaces2
Flooring--
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.29
SqFt Lot12,633
Lot Features--

Geography

Listing Provided By

Listing Agent: Justin Maillet

Listing Office: REMAX Executive Realty

MLS® Number: 73568971