Active
31 Days on market
1 Shady Ln Leicester — Photo 1 of 29

1 Shady Ln Leicester — Photo 1 of 29

Recent Drop: $10,000

$489,900
$479,900

$479,900

Investment Analysis — 1 Shady Ln

Leicester, MA 01524

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 2.79% cap rate and $13,381/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,932

Style

Single Family

Built

2000

***MOTIVATED SELLERS**Don’t miss your chance to see this Leicester Colonial!**Welcome to this charming 3-bedroom, 1.5-bath Colonial located on a quiet dead-end street in Leicester, MA. Set on a private lot along a public, town-maintained road, this home offers a combination of space, privacy, and flexibility that can be hard to find.Inside, you’ll find a comfortable and functional layout highlighted by a bright sunroom — the perfect spot for morning coffee, relaxing after a long day, or enjoying views of the backyard.Step outside to the spacious, fully fenced-in backyard, offering plenty of room for entertaining, pets, gardening, outdoor games, or simply enjoying your own private space.One of the biggest highlights is the **oversized detached two-car garage**. In addition to vehicle and storage space, the area above the garage offers even more flexibility for a game room, home gym, hobby space, entertaining area, or additional storage.Major improvements have already been completed, including a **new roof in 2026, water treatment system in 2022, and backyard fence in 2022, Gutters 2022 , Chimney Cap 2022**.With **3 bedrooms, 1.5 baths, a sunroom, fenced-in backyard, oversized two-car garage, and bonus space above**, this home offers a lot of features buyers are searching for in one property.Conveniently located near shopping, Route 56, Route 32, and just minutes from Worcester Regional Airport.**Homes offering this amount of space, storage, privacy, and flexibility don’t come around often. Schedule your showing and come see everything this property has to offer before the opportunity is gone!**

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 1,932 sq ft principal dwelling). Lot size: 23,200 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.

Open Houses

Property Details

Financials

Original Price$489,900
Annual Taxes$5,224

Parking

Garage2
Off-Street9

Interior Specifications

Total Rooms5
FireplacesNone
FlooringLaminate
BasementFull, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningHB1

Property & Lot

Acres0.53
SqFt Lot23,200
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

25 x 23

Flooring - Hardwood

Dining Room
Lvl First

10 x 12

Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Slider

Kitchen
Lvl First

15 x 13

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area

Primary Bedroom
Lvl Second

21 x 13

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

17 x 11

Bedroom 3
Lvl Second

13 x 10

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Property History

Price Drop
$479,900

Was $489,900

Sep 15, 2026

MLS® 73568221

Listed
$489,900

Aug 26, 2026

MLS® 73568221

Listing Provided By

Listing Agent: Robert Rose

Listing Office: 1 Worcester Homes

MLS® Number: 73568221