297 Providence Rd, Grafton, MA 01560
Two-family home rebuilt in 2014 with modern amenities.
- Added:
- Apr 17, 2026
- Days on Market:
- 63
- Last Refresh:
- Apr 20 at 5:41 pm
Property Features for 297 Providence Rd
General Information
- Standard status
- Active
- Size
- 2,992 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing agent Barbara Rybicki License #453009569 (508) 415-1465
Listing office REMAX Executive Realty (508) 415-1465
Listing date Apr 17, 2026
Source Lockandkeyre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of REMAX Executive Realty
HighLights
- Completely rebuilt in 2014: Offers modern construction.
- Two units, each with 3 bedrooms, full bath, separate laundry, and open‑concept layout.
- Separate utilities for each unit.
- Stunning kitchens with granite counters, gas cooking, and stainless steel appliances.
- Accessory Dwelling Unit (ADU) potential with garage.
- Picturesque, private backyard with stone patio, fire‑pit, and perennial gardens.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.2k | $19.80 |
| − Vacancy | −$1.5k | −$0.49 |
| EGI | $57.8k | $19.31 |
| − OpEx | −$17.3k | −$5.79 |
| NOI | $40.4k | $13.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grafton
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.678989
- Latitude
- 42.1758459