
238 Sherbert Rd Ashburnham — Photo 1 of 42
Recent Drop: $49,900
$650,000
Investment Analysis — 238 Sherbert Rd
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 3.33% cap rate and $21,662/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,000
Style
Single Family
Built
2021
BIG PRICE IMPROVEMENT just in time to enjoy the best of late summer and fall on Lower Naukeag Lake! If you’ve been waiting for the right opportunity to own a private waterfront retreat, it’s time to take another look. Set on 3 secluded acres, this custom-built 3-bedroom lake home combines privacy, beautiful water views and year-round living with an energy-efficient design. The property sits in a peaceful cove near the dam with an ideal setting for a dock and easy access for a pontoon boat, kayaks, canoes or other small watercraft. The water along the property is shallow and best suited for these types of boats rather than larger or deep-hull vessels. Inside, the open-concept main level features cathedral ceilings, expansive lake-facing windows, a spacious bedroom, full bath and laundry, while the wrap-around deck overlooks the water and private backyard. The finished walkout lower level offers 2 additional bedrooms, family room and bath, plus a planned expansion area with potential for an in-law or guest suite. An attached garage and secluded driveway complete this year-round lake retreat.
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 2,000 sq ft principal dwelling). Lot size: 133,181 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Walk/Jog Trails • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Laminate, French Doors, Deck - Exterior, Recessed Lighting
Kitchen
Lvl FirstFlooring - Laminate, Open Floorplan, Recessed Lighting
Family Room
Lvl BasementFlooring - Laminate, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl FirstFlooring - Laminate, Deck - Exterior, Recessed Lighting, Slider
Bedroom 2
Lvl BasementBedroom 3
Lvl BasementFlooring - Laminate, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl BasementBathroom - Full
Property History
$650,000
Was $699,900
Sep 11, 2026
MLS® 73558830
$699,900
Aug 4, 2026
MLS® 73558830
Listing Agent: Joseph Provost
Listing Office: The Pros Real Estate Services
MLS® Number: 73558830