0 Elm St Leominster — Photo 1 of 5
Recent Drop: $5,000
$310,000
Investment Analysis — 0 Elm St
Leominster, MA 01453
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01453 carries an estimated $1,290/mo in gross rent — about a 3.03% cap rate and $9,397/yr in estimated NOI at the $310,000 list price. Adjust every assumption in the calculator below.
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29.5 acres in beautiful, desirable, rural residential area. Gorgeous views in this high elevation location, one of the highest in city of Leominster. BUILD YOUR DREAM HOME with plenty of room for HORSES! Ride snowmobiles, ATVs, dirt bikes on your own private acreage! Or just enjoy long quiet walks in nature. DEVELOPERS - with 154' frontage, a road can possibly be built to allow subdivision into multiple housing lots. In this zone, lots are required to be 3 acres each, a perfect possibility for a neighborhood of beautiful private high-end homes with spectacular views. OTHER GREAT POSSIBILITIES ~ AGRICULTURAL, FARM, ANIMALS also a possibility with larger lots in Residential Rural (RR) zone. Some zoning restrictions apply in this RR zone with Water Shed Protection overlay. Being sold AS IS. Buyer is responsible for all due diligence determining the use of the land and for obtaining all city permits and required approvals, for all required testing and installing road and utilities.
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 MLS and other third-party data may be inaccurate or out of date.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
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Property History
$310,000
Was $315,000
Aug 4, 2026
MLS® 73521208
$315,000
May 19, 2026
MLS® 73521208
$315,000
Dec 31, 2025
MLS® 73369769
$315,000
May 5, 2025
MLS® 73369769
$315,000
Dec 31, 2024
MLS® 73287474
$315,000
Sep 9, 2024
MLS® 73287474
Listing Agent: Mary Anne Taylor
Listing Office: All Seasons Real Estate
MLS® Number: 73521208
