16 Thayer Street Worcester — Photo 1 of 39
$575,000
Investment Analysis — 16 Thayer Street
Worcester, MA 01603
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01603 carries an estimated $2,680/mo in gross rent — about a 3.40% cap rate and $19,568/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,053
Style
Single Family
Built
1920
Welcome home to this stunning 5-bedroom in Worcester! Step through the front door and be greeted by a bright, open-concept living room and kitchen, designed for effortless everyday living and unforgettable entertaining. The gourmet kitchen is a true showstopper, boasting an expansive island, sleek stainless steel appliances, and a slider door leading out to the deck — the perfect backdrop for morning coffee, weekend cookouts, or gathering with the people you love. Upstairs, a thoughtfully designed multi-level layout places all bedrooms and bathrooms together, offering each family member their own private retreat and beautifully efficient use of space. A sun-filled, playroom gives the kids a bright space of their own to play and create. Downstairs, the finished lower level is home to a dedicated exercise room, so your workout is only a few steps away. Step outside to a spacious deck made for laughter-filled parties and weekend afternoons, complemented by a generous fenced yard ready for gatherings big and small. With room to grow, space to spread out, and countless spots to make memories, this home has everything your family needs to thrive.
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 3,053 sq ft principal dwelling). Lot size: 6,715 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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Amenities & Appliances
Gas Water Heater • Range • Disposal • Microwave • Refrigerator • Washer • Dryer
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Listing Agent: Team Uranus
Listing Office: Gaia Realty & Advisors, LLC
MLS® Number: 73581970