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27 Days on market
123 Rainbow Dr Templeton — Photo 1 of 10

123 Rainbow Dr Templeton — Photo 1 of 10

$285,000

Investment Analysis — 123 Rainbow Dr

Templeton, MA 01468 — Templeton Fish & Game Club

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01468 carries an estimated $2,480/mo in gross rent — about a 6.66% cap rate and $18,970/yr in estimated NOI at the $285,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,700

Style

Single Family

Built

2000

Discover a lifestyle of serene comfort at 123 Rainbow Dr, Templeton, MA, a charming single-family residence designed for contemporary living. This property offers a unique opportunity to embrace the tranquility of its surroundings while enjoying modern conveniences. This is more than just a home; it's a foundation for your future memories. Inquire today to experience the allure of 123 Rainbow Dr. Seasonal located on Partridgeville pond , Templeton MA . "Templeton Fish & Game" - Fishing, Swimming, Gun Range, and many membership and public events year round. https://ww.templetonfishandgame.org/ .

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: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 7,000 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 MLS and other third-party data may be inaccurate or out of date.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$285,000
Annual Taxes$3,648

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

HeatingElectric Baseboard, Wood
CoolingCentral Air, Window Unit(s)
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
Zoningres

Property & Lot

Acres0.16
SqFt Lot7,000
Lot FeaturesWooded

Geography

Listing Provided By

Listing Agent: James Boone

Listing Office: StartPoint Realty

MLS® Number: 73564243