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2 Days on market
21 Faulkner Rd Grafton — Photo 1 of 26

21 Faulkner Rd Grafton — Photo 1 of 26

$299,900

Investment Analysis — 21 Faulkner Rd

Grafton, MA 01536

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 1-bedroom in 01536 carries an estimated $1,600/mo in gross rent — about a 3.49% cap rate and $10,477/yr in estimated NOI at the $299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

750

Style

Single Family

Built

1930

Looking for a cozy home that gives you the freedom of a house without the maintenance that usually comes with one? This quiet 1-bedroom, 1-bath home sits near the end of a paved, publicly maintained dead-end road, offering a private, wooded setting while keeping you close to Worcester, major medical centers, colleges, and commuter routes.Inside, the 19' x 17' main bedroom gives you room for a king-sized bed, a large reach-in closet, and a picture window looking toward Flint Pond. The pond is also visible from the kitchen, with seasonal views opening up beautifully through the surrounding woods. The 14' x 10' kitchen features a passthrough with breakfast bar seating, while the 18' x 14' living room offers plenty of space to create a dedicated eating area, home office, or whatever fits your lifestyle.The full bathroom includes a tub/shower combination, with the washer and dryer conveniently located on the main level. Newly refinished living room floors add a fresh touch, while ductless mini-splits provide efficient heating and cooling, with electric baseboard heat for supplemental warmth. A full-height partial basement provides useful storage without giving you another level of living space to maintain.Outside, the .28-acre lot combines a small, manageable lawn with wooded surroundings, so you can enjoy the privacy without spending your weekends maintaining a large yard. Bring your pets without the restrictions often found with apartment living.And then there’s the location. UMass Chan Medical School is approximately 5 miles away, UMass Memorial Medical Center about 6 miles, Tufts Cummings School of Veterinary Medicine just 3 miles, WPI approximately 7 miles, and Worcester State University about 7.6 miles. Route 20 is only 1.5 miles away, with the Mass Pike entrance approximately 3 miles from home.Whether you're a first-time buyer, medical professional, student, relocating buyer, or someone looking for a home that could eventually become an income-producing property, this one offers something simple: a place to call home with the freedom of a house and the maintenance footprint of an apartment.

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: 375 sq ft (the lesser of 900 sq ft or half the 750 sq ft principal dwelling). Lot size: 12,322 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$299,900
Annual Taxes$4,115

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Vinyl, Carpet
BasementPartial, Walk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingElectric Baseboard, Electric, Ductless
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningOLI

Property & Lot

Acres0.28
SqFt Lot12,322
Lot FeaturesWooded, Cleared, Gentle Sloping, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

18 x 14

Flooring - Wood, Exterior Access

Kitchen
Lvl First

14 x 10

Flooring - Vinyl, Window(s) - Picture, Breakfast Bar / Nook, Exterior Access, Recessed Lighting

Primary Bedroom
Lvl First

19 x 17

Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Bathroom 1
Lvl First

8 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup

Property History

Listed
$299,900

Sep 23, 2026

MLS® 73581459

Terminated
$209,900

Jun 3, 2011

MLS® 71229815

Sold
$1,050

Jun 3, 2011

MLS® 71229845

Listed
$209,900

May 10, 2011

MLS® 71229815

Listed
$1,050

May 8, 2011

MLS® 71229845

Listing Provided By

Listing Agent: Jim Black Group

Listing Office: Real Broker MA, LLC

MLS® Number: 73581459