
1386 Pleasant St Athol — Photo 1 of 33
$399,000
Investment Analysis — 1386 Pleasant St
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01331 carries an estimated $2,090/mo in gross rent — about a 3.66% cap rate and $14,618/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,766
Style
Single Family
Built
1750
Since the 1750's this farmhouse has stood on 41.1 acres of New England land - and now, its's ready for its next chapter. Once known as the Dr. Royal Humphrey House, and later home to the Nye Tree Farm, this property is registered with the Massachusetts Historical Commission - a rare piece of living history. And the location? You are just a golf club swing from Ellinwood Country Club. The elementary school, shopping plaza, hospital and highway access are all just minutes away. History, land and location - all in one address. Come see what's possible!
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 2,766 sq ft principal dwelling). Lot size: 1,790,316 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Leased Water Heater • Oven • Range
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access
Kitchen
Lvl FirstFlooring - Wall to Wall Carpet, Dining Area, Pantry, Exterior Access, Lighting - Sconce, Lighting - Overhead
Office
Lvl MainBathroom - 1/4, Flooring - Wood, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl Main,FirstCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl SecondCloset, Flooring - Wood, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Wall to Wall Carpet, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Laminate, Lighting - Sconce, Lighting - Overhead
Listing Agent: Hometown Team
Listing Office: LAER Realty Partners
MLS® Number: 73572539
