Active
95 Days on market
186 Prospect St Leominster — Photo 1 of 33

186 Prospect St Leominster — Photo 1 of 33

Recent Drop: $55,000

$629,900
$574,900

$574,900

Investment Analysis — 186 Prospect St

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01453 carries an estimated $2,790/mo in gross rent — about a 3.24% cap rate and $18,618/yr in estimated NOI at the $574,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,599

Style

Single Family

Built

1920

Welcome to this beautifully maintained home where timeless character meets modern convenience. A stunning front porch welcomes you inside to a sun-filled living room featuring hardwood floors, custom built-in library cabinetry, a wood-burning fireplace with a custom mantel, and exceptional craftsmanship throughout. The open-concept layout flows seamlessly into the dining room and updated kitchen, creating the perfect space for everyday living and entertaining. The kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, a new stove, subway tile backsplash, and abundant storage, including multiple pantry and closet spaces.The flexible first floor offers a spacious primary suite, office or additional bedroom, half bath, laundry room, and numerous closets. Upstairs you’ll find three additional bedrooms with hardwood flooring, including a spacious suite with a soaking tub, granite countertops, and double sinks. Outside, enjoy a large private backyard with

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 2,599 sq ft principal dwelling). Lot size: 20,604 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

Original Price$629,900
Annual Taxes$6,827

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Carpet
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRA

Property & Lot

Acres0.47
SqFt Lot20,604
Lot FeaturesCleared

Amenities & Appliances

Water Heater • Range • Dishwasher

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBathroom 1Bathroom 2
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl First

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan

Family Room
Lvl First

French Doors, Open Floorplan

Primary Bedroom
Lvl First

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bedroom 4
Lvl Second

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$574,900

Was $599,900

Sep 10, 2026

MLS® 73534795

Price Drop
$599,900

Was $619,900

Jul 15, 2026

MLS® 73534795

Price Drop
$619,900

Was $629,900

Jun 27, 2026

MLS® 73534795

Listed
$629,900

Jun 11, 2026

MLS® 73534795

Listing Provided By

Listing Agent: Christian Doherty

Listing Office: Doherty Properties

MLS® Number: 73534795