
228 Worcester Rd #B Westminster — Photo 1 of 39
$689,000
Investment Analysis — 228 Worcester Rd #B
Westminster, MA 01473
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01473 carries an estimated $3,200/mo in gross rent — about a 3.42% cap rate and $23,557/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,950
Style
Single Family
Built
2018
WATERFRONT living on Wyman’s Pond! Built in 2018, this stunning home offers nearly 2,000 square feet of beautifully designed living space with the property spanning almost 3 acres. Enter into gorgeous hardwood floors with direct access to the one-car garage and a half bath featuring a custom vanity. The heart of the home is the impressive kitchen with an oversized island, walk-in pantry and an abundance of cabinetry and counter space, all flowing seamlessly into the open living and dining areas overlooking the water. A propane fireplace adds warmth and charm, while the spacious back deck is the perfect place to unwind or entertain with Wyman’s Pond right outside your back door. Upstairs, the primary retreat features a walk-in closet and luxurious en-suite with a custom tiled shower, soaking tub, double vanities and linen closet. Two additional spacious bedrooms and another full bath with double vanities complete the second floor. A walkout basement offers even more potential. Tucked down a long driveway with plenty of privacy while still centrally located, this is your chance to make waterfront living an everyday luxury. **The entire building could also be purchased as a two-family.
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 1,950 sq ft principal dwelling). Lot size: 125,017 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Hardwood, Exterior Access, Open Floorplan
Kitchen
Lvl Main,FirstFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Stainless Steel Appliances, Storage, Lighting - Pendant
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Double Vanity, Soaking Tub
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Property History
$689,000
Sep 22, 2026
MLS® 73581155
$689,000
Aug 20, 2026
MLS® 73566320
Listing Agent: Olivia Paras
Listing Office: LAER Realty Partners
MLS® Number: 73581155