Lot 23 Monica Way Northbridge — Photo 1 of 2
$899,900
Investment Analysis — Lot 23 Monica Way
Northbridge, MA 01534
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01534 carries an estimated $2,970/mo in gross rent — about a 1.81% cap rate and $16,287/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,343
Style
Single Family
Built
2023
New to market 4 bedrooms, 2.5 bath colonial home with 2 car garage under, w family room and master over! This beautiful new construction residence seamlessly combines modern elegance with comfortable living spaces. Situated on a private parcel of land with just over an acre and a half, this house offers a perfect blend of functionality and style. Upon entering, you step into a welcoming foyer, which opens up to the heart of the home—the open floor plan living area. The main floor will feature beautiful hardwood flooring throughout the first floor. The family room, adjacent to the kitchen, offers a cozy atmosphere for relaxation and entertainment, with abundant natural light flowing in through the generous windows. Still time to make selections and customize to your liking with generous builder's generous allowances packages and specs!
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 3,343 sq ft principal dwelling). Lot size: 67,082 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.
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Property & Lot
Amenities & Appliances
Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Plumbed For Ice Maker
Geography
Property History
$899,900
Jan 12, 2026
MLS® 73467562
$899,900
Dec 17, 2025
MLS® 73417509
$899,900
Aug 13, 2025
MLS® 73417509
Listing Agent: Diana Afonso
Listing Office: Afonso Real Estate
MLS® Number: 73467562
