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23 Wilderwood Ave Leominster — Photo 1 of 26

23 Wilderwood Ave Leominster — Photo 1 of 26

$385,000

Investment Analysis — 23 Wilderwood Ave

Leominster, MA 01453 — Whalom / North Leominster

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01453 carries an estimated $1,850/mo in gross rent — about a 3.20% cap rate and $12,318/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

864

Style

Single Family

Built

1951

Well-maintained 2-bedroom ranch located in a quiet North Leominster nearby Lake Whalom and within the Johnny Appleseed School district. This home offers an enclosed porch, a fully fenced yard, and close proximity to Whalom Lake. Additional highlights include a 2-year-old roof and generator wiring and a 10×16 shed with a finished interior including heat and electricity. A great opportunity for comfortable single-level living in a desirable area. Easy to show—short notice appointments welcome.

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: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 9,476 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 MLS and other third-party data may be inaccurate or out of date.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$385,000
Annual Taxes$4,554

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
FlooringVinyl
BasementNone

Climate & Utilities

HeatingRadiant, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter, Slab
ZoningRA

Property & Lot

Acres0.22
SqFt Lot9,476
Lot FeaturesCleared

Amenities & Appliances

Tankless Water Heater • Range • Refrigerator

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

12 x 16

Flooring - Vinyl

Dining Room
Lvl First

14 x 8

Flooring - Vinyl

Kitchen
Lvl First

12 x 14

Flooring - Vinyl

Primary Bedroom
Lvl First

12 x 14

Bedroom 2
Lvl First

12 x 12

Bathroom 1
Lvl First

6 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl

Listing Provided By

Listing Agent: Jean Rogers

Listing Office: LAER Realty Partners

MLS® Number: 73559271