
34 Evelyn St Worcester — Photo 1 of 41
$389,900
Investment Analysis — 34 Evelyn St
Worcester, MA 01607
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01607 carries an estimated $2,050/mo in gross rent — about a 3.64% cap rate and $14,194/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,471
Style
Single Family
Built
1958
Comfortable living, flexible space, and the benefits of prepaid solar await at this inviting Worcester ranch! Offering 2 bedrooms, 1.5 baths, and approximately 1,471 sq. ft. including the finished lower level, this home has room to spread out inside and enjoy the outdoors. The bright living room features a fireplace, bay window, hardwood flooring, and a wood accent wall, with an arched opening leading into the dining area. The adjoining kitchen offers generous cabinetry, an island, a separate cooktop and wall oven, and direct access to the rear deck for easy outdoor dining. French doors open to a sunny office, providing a dedicated workspace just off the main living area. Both bedrooms feature hardwood floors and closets, while ductless mini-splits provide cooling in the living room and bedrooms. Downstairs, the finished bonus room offers flexible space for movie nights, hobbies, or exercise, complemented by a half bath, laundry area, storage, and access to the one-car garage. Outside, enjoy a spacious backyard, deck, patio, and mature landscaping on a 10,000 sq. ft. lot. Tesla-owned solar panels operate under a prepaid agreement, providing the electricity they generate with no monthly solar payments for the remaining prepaid term; buyer to assume the agreement. Nearby Greenwood Park offers tennis courts, walking trails, a playground, and a splash pad, with shopping and access to Routes 146, 20, and the Mass Pike rounding out the location.
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: 736 sq ft (the lesser of 900 sq ft or half the 1,471 sq ft principal dwelling). Lot size: 10,000 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 • Tankless Water Heater • Oven • Dishwasher • Range
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First16.1 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Lighting - Overhead, Archway
Dining Room
Lvl Main,First9.07 x 13.08
Flooring - Hardwood, French Doors, Open Floorplan, Lighting - Pendant, Archway
Kitchen
Lvl Main,First8.06 x 13.08
Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Pendant
Office
Lvl Main7.05 x 11.03
Flooring - Hardwood, French Doors
Primary Bedroom
Lvl Main,First13.03 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First9.05 x 11.05
Bathroom 1
Lvl Main,First6.08 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Bathroom 2
Lvl Basement3.1 x 3.09
Bathroom - Half, Flooring - Vinyl
Listing Agent: Justin Panarelli
Listing Office: Real Broker MA, LLC
MLS® Number: 73577486