
163 Rowley Hill Rd Sterling — Photo 1 of 41
$549,900
Investment Analysis — 163 Rowley Hill Rd
Sterling, MA 01564
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01564 carries an estimated $2,590/mo in gross rent — about a 3.04% cap rate and $16,701/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,188
Style
Single Family
Built
1900
A little bit of country living right here in Sterling! Set on approximately 4 beautiful acres, this 3-bedroom, 2-bath home offers a unique combination of character, comfortable living and room to enjoy the outdoors. Originally dating to the early 1900s, the home has evolved over the years with updates and additions, including an eat-in kitchen addition with cathedral ceiling. Flexible living spaces include a generous dining room with direct access to the deck (currently used as a home office), a large living room with centrally located wood stove for added heat source, 2 bedrooms on the main level and an additional bedroom and bath upstairs. This home also has multiple outdoor areas where you can relax and take in the peaceful surroundings from the charming front porch to the back deck overlooking your yard. Outside is where this property really shines, with open fields, classic stone walls and plenty of space for horses, gardens, animals or possibly your own mini-farm. Surrounded by nature, yet convenient to I-190, the property offers the best of both worlds. Enjoy Sterling’s town beach and boat ramp, rail trail, local orchards and farm stands, and easy access to Wachusett Mountain and Leominster State Forest. A special property with space to spread out, explore and make it your own! Recent updates include a newer roof (all except kitchen area which was newer), buderus boiler, driveway and septic system all within the past 5 years as well as updated windows (10 years ago) and kitchen remodel (2014).
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 2,188 sq ft principal dwelling). Lot size: 174,240 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 11
Wood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet
Kitchen
Lvl First21 x 12
Cathedral Ceiling(s), Dining Area, Countertops - Stone/Granite/Solid
Office
Lvl First18 x 12
Flooring - Wall to Wall Carpet, Exterior Access, Slider
Family Room
Lvl First26 x 12
Primary Bedroom
Lvl Second19 x 11
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First14 x 12
Bedroom 3
Lvl First14 x 13
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First10 x 7
Bathroom - With Tub & Shower
Bathroom 2
Lvl Second9 x 8
Bathroom - With Tub & Shower
Property History
$549,900
Sep 15, 2026
MLS® 73577190
$575,000
Jan 31, 2026
MLS® 73425794
$575,000
Sep 4, 2025
MLS® 73425794
Listing Agent: Karen Packard
Listing Office: Karen Packard Real Estate Inc.
MLS® Number: 73577190