Active
109 Days on market
81 Causeway Terrace Leominster — Photo 1 of 40

81 Causeway Terrace Leominster — Photo 1 of 40

Recent Drop: $14,000

$589,000
$575,000

$575,000

Investment Analysis — 81 Causeway Terrace

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 5-bedroom in 01453 carries an estimated $2,790/mo in gross rent — about a 3.16% cap rate and $18,161/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,427

Style

Single Family

Built

1990

Warm and inviting 5-bedroom Colonial offering space, comfort, and flexibility for today’s changing lifestyles. With 2 bedrooms and a full bath on the main level, this home is ideal for multi-generational living or extended family arrangements. The second-floor features 3 additional bedrooms, including a spacious primary suite with cathedral ceiling, palladium window, walk-in closet, and direct access to the updated bath with oversized shower and double shower heads. The bright kitchen offers stainless steel appliances, quartz countertops, glass tile backsplash, luxury vinyl plank flooring, and abundant cabinetry. Sliders from the dining area led to the wraparound deck and 3-year-old hot tub for easy indoor/outdoor living. Living room with new hardwood flooring and bay window, finished lower-level bonus room, central air, and many major updates, including the second-floor addition completed approximately 20 years ago.

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 2,427 sq ft principal dwelling). Lot size: 12,500 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$589,000
Annual Taxes$7,283.51

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms9
FireplacesNone
FlooringCarpet, Hardwood, Wood Laminate
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Sump Pump, Concrete

Climate & Utilities

HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.29
SqFt Lot12,500
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 4Bedroom 5Bathroom 2
Basement
Family Room
Main,First
Living RoomDining RoomKitchenBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl Main,First

20 x 13

Flooring - Wood, Window(s) - Picture, Exterior Access

Dining Room
Lvl Main,First

12 x 10

Flooring - Hardwood, Open Floorplan, Slider, Lighting - Overhead

Kitchen
Lvl Main,First

14 x 12

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Overhead

Family Room
Lvl Basement

19 x 12

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Primary Bedroom
Lvl Second

21 x 14

Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Main,First

12 x 10

Bedroom 3
Lvl Main,First

12 x 12

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

16 x 11

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 5
Lvl Second

15 x 12

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

8 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Laminate, Countertops - Stone/Granite/Solid, Lighting - Sconce, Lighting - Overhead

Bathroom 2
Lvl Second

16 x 8

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Laminate, Lighting - Sconce

Property History

Price Drop
$575,000

Was $589,000

Sep 10, 2026

MLS® 73526966

Listed
$589,000

May 29, 2026

MLS® 73526966

Listing Provided By

Listing Agent: Brenda Albert

Listing Office: LAER Realty Partners

MLS® Number: 73526966