
1 Knapp #B Worcester — Photo 1 of 22
Recent Drop: $30,000
$519,900
Investment Analysis — 1 Knapp #B
Worcester, MA 01605
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01605 carries an estimated $2,640/mo in gross rent — about a 3.56% cap rate and $18,510/yr in estimated NOI at the $519,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,004
Style
Single Family
Built
2001
Move right into this well-maintained detached single-family raised ranch in a quiet, desirable neighborhood! Offering 3–4 bedrooms and 2 full baths, this home features a finished lower level with a potential 4th bedroom, full bath, large living area, private entrance, and separate access to the laundry and utilities—making it ideal for an in-law suite or future ADU (subject to local approvals).Recent updates include a new roof, new sewer connection, updated front porch, and new composite rear deck. Enjoy the spacious layout, abundant natural light, and flexible living space for extended family, guests, or a home office.Recently reduced in price, the seller is motivated—don't miss this great opportunity!
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 2,004 sq ft principal dwelling). Lot size: 7,110 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 12
Dining Room
Lvl First7 x 12
Kitchen
Lvl First12 x 12
Family Room
Lvl Basement25 x 16
Primary Bedroom
Lvl First12 x 12
Bedroom 2
Lvl First10 x 10
Bedroom 3
Lvl First9 x 9
Bedroom 4
Lvl Basement18 x 12
Bathroom 1
Lvl FirstBathroom 2
Lvl BasementProperty History
$519,900
Was $539,900
Aug 19, 2026
MLS® 73542061
$539,900
Was $544,900
Jul 30, 2026
MLS® 73542061
$544,900
Was $549,900
Jul 17, 2026
MLS® 73542061
$549,900
Jun 25, 2026
MLS® 73542061
Listing Agent: Leonidas Dosreis
Listing Office: Property Investors & Advisors, LLC
MLS® Number: 73542061