194 Turner Lane Templeton — Photo 1 of 41
Recent Drop: $14,900
$475,000
Investment Analysis — 194 Turner Lane
Templeton, MA 01468
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 3.72% cap rate and $17,652/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,940
Style
Single Family
Built
1952
Welcome home! A beautiful entryway with a glass panel door welcomes you into the open-concept formal dining room, complete with built-in shelves and storage, which flows seamlessly into the adjacent living room—both boasting gorgeous hardwood floors. Follow the hardwoods into the spacious eat-in kitchen, fully equipped with a gas range and recessed lighting plus a "smart" refrigerator! Head to the second floor to find three spacious bedrooms offering ample closet space and a full bath with second floor laundry. Off the kitchen, a lovely screened-in porch leads to your back deck, overlooking an expansive backyard. Nestled on 1.19 acres of serene woods, this property offers the perfect backdrop to relax and enjoy the peaceful sounds of nature. Updates include new oil tank (~2022), attic & basement insulation (~2024), chimney liner and cap (~2022). Move-in ready and waiting for you!
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 1,940 sq ft principal dwelling). Lot size: 51,836 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Walk/Jog Trails • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First30 x 17
Ceiling Fan(s), Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl First19 x 11
Flooring - Hardwood, Dining Area, Recessed Lighting, Gas Stove
Master Bedroom
Lvl Second17 x 17
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12 x 16
Bedroom 3
Lvl Second16 x 11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First10 x 14
Bathroom - Half, Flooring - Vinyl, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Second13 x 11
Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
Property History
$475,000
Was $489,900
Aug 27, 2026
MLS® 73542922
$489,900
Jun 29, 2026
MLS® 73542922
$159,000
Oct 4, 2010
MLS® 71069719
$164,900
Apr 22, 2010
MLS® 71069719
Listing Agent: Leslie Storrs Tondreau
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73542922
