
21 Mill Street Ct #4 Lancaster — Photo 1 of 32
$309,000
Investment Analysis — 21 Mill Street Ct #4
Lancaster, MA 01523
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01523 carries an estimated $2,730/mo in gross rent — about a 5.34% cap rate and $16,501/yr in estimated NOI at the $309,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,184
Style
Condominium
Built
1900
Welcome to 21 Mill Street Ct, Unit 4 in Lancaster! This beautifully updated condo offers 2 bedrooms, 1.5 baths, plus a BONUS ROOM, giving you extra flexibility for a home office, guest space, playroom, potential bedroom, or whatever fits your needs. Inside, you’ll find 1,184 square feet of comfortable living space with a great mix of classic character and modern updates. The renovated kitchen features stainless steel appliances, stone countertops, plenty of cabinetry, and a peninsula with seating and extra workspace. Step right out onto the deck to enjoy fresh air and peaceful nature views. A half bath is conveniently located just off the kitchen. The living room feels warm and inviting with laminate plank flooring and plenty of natural light. Upstairs, you’ll find two comfortable bedrooms and a full bathroom. The lower level adds even more flexibility with a bonus room, laundry area, and a walkout door providing direct access outside. With three levels of living space, an updated interior, a private deck, and everyday conveniences just minutes away, this condo offers plenty of room to spread out while maintaining the character of its 1900's Colonial-style building. Come see all that 21 Mill Street Ct, Unit 4 has to offer!
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 MLS and other third-party data may be inaccurate or out of date.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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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13 x 16
Ceiling Fan(s), Flooring - Laminate, Window(s) - Picture
Kitchen
Lvl Main,First13 x 13
Bathroom - Half, Flooring - Laminate, Balcony / Deck, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Primary Bedroom
Lvl Second9 x 16
Ceiling Fan(s), Closet, Flooring - Laminate
Bedroom 2
Lvl Second11 x 10
Bathroom 1
Lvl Second5 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Bathroom 2
Lvl Main,First5 x 5
Bathroom - Half, Flooring - Laminate
Listing Agent: Nova Home Group
Listing Office: eXp Realty LLC
MLS® Number: 73581712