9-R Gates Terrace Sterling — Photo 1 of 21
Recent Drop: $10,000
$489,900
Investment Analysis — 9-R Gates Terrace
Sterling, MA 01564
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01564 carries an estimated $2,590/mo in gross rent — about a 3.89% cap rate and $19,058/yr in estimated NOI at the $489,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,500
Style
Single Family
Built
1959
Discover this remarkable three bedroom home featuring a spacious open layout that invites natural light throughout. The first floor boasts a beautifully designed living area, perfect for both relaxation and entertaining. Adjacent to the living room is a recently updated kitchen with freshly painted cabinets and new flooring. You will find a conveniently located half bathroom equipped with storage and laundry. There is 1st floor living with two generous bedrooms with hardwood floors. Right down the hall is a newly renovated full bath with double sinks. Upstairs has a third bedroom and an additional room, ideal for a den or home office. Step outside to a massive deck that overlooks your private yard, abutting conservation land, offering a fantastic spot for summer barbecues or peaceful mornings with a cup of coffee. The detached one-car garage provides ample storage, while the property is situated on a serene dead-end road. Shed, 16’x32’ deck, roof 2019, pellet stove, hardwoods
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: 750 sq ft (the lesser of 900 sq ft or half the 1,500 sq ft principal dwelling). Lot size: 18,295 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
Range • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
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$489,900
Was $499,900
Aug 10, 2026
MLS® 73538688
$499,900
Jun 18, 2026
MLS® 73538688
Listing Agent: Caryn Gorczynski
Listing Office: Center Home Team
MLS® Number: 73538688
