920 Worcester Road Barre, MA 01005
Two-family home on 1.42 acres with river access.
Property Features for 920 Worcester Road
General Information
- Standard status
- Active
- Size
- 2,343 SF
- Lot size
- 1.42 Acres
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1925
Listing office William Neylon Real Est. (978) 355-2154
Listing date May 25, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of William Neylon Real Est.
Investment Insights
Based on property information with market context.
Key Highlights
- 1.42 acre waterfront property on the Ware River with direct access for fishing, kayaking, and paddle boarding.
- Direct access to miles of hiking trails, including 1 mile of the MA Mid‑State Trail.
- Two‑family home, offering potential rental income or multi‑generational living.
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 | $46.4k | $19.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $45.2k | $19.31 |
| − OpEx | −$13.6k | −$5.79 |
| NOI | $31.7k | $13.52 |
