201 Lakeshore Drive Ashburnham — Photo 1 of 40
$369,900
Investment Analysis — 201 Lakeshore Drive
Ashburnham, MA 01430
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01430 carries an estimated $3,370/mo in gross rent — about a 7.14% cap rate and $26,393/yr in estimated NOI at the $369,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,050
Style
Single Family
Built
1981
Opportunity awaits at 201 Lakeshore Drive! Set on approximately 1.18 wooded acres near the lake, this 3-bedroom raised ranch offers plenty of potential for a buyer ready to make it their own. The main level features a comfortable living area, kitchen, three bedrooms and a full bath, while the lower level provides additional usable space, walk in pantry and a wood stove. Enjoy the peaceful, wooded setting from the deck, with a storage shed offering additional space for tools and outdoor equipment. Conveniently located near lake and beach access, this property offers the chance to enjoy all that the Ashburnham lake area has to offer. Property is being sold AS IS. Bring your ideas and make this home your own!
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: 525 sq ft (the lesser of 900 sq ft or half the 1,050 sq ft principal dwelling). Lot size: 51,401 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Listing Agent: Cheryl Lee
Listing Office: Barrett Sotheby's International Realty
MLS® Number: 73576689