317 New Sherborn Rd Athol — Photo 1 of 8
$699,900
Investment Analysis — 317 New Sherborn Rd
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01331 carries an estimated $2,520/mo in gross rent — about a 2.60% cap rate and $18,222/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,642
Style
Single Family
Built
1972
Do you need 4 bedrooms or maybe more ? Very Convenient Location has quick access to Rt 2 & Market Basket @ North Quabbin Commons Shopping Area ! This home has it all ! SPACIOUS ROOMS & Super ENERGY EFFICIENT . Recent Buderus Energy saving oil heat and Solar Electricity generates a very low electric bill ! LOCATED Within Walking Distance to ELLINWOOD COUNTRY CLUB on 1 Private Acre ... GORGEOUS FULL LENGTH FIREPLACED Den , LARGE Traditional LIVING RM, (Den, Living Room,Kitchen, Dining rooms & Hallways have High End Laminate Flooring ) 1ST Floor Bath and Laundry, Kitchen is Updated w /Stainless Appliances and solid surface counters OVERLOOKING Landscaped Private Backyard. A large inground pool keeps you cool during a Summer like this. The detached 24 ft x 20 ft 2 story Gambrel Barn provides a great place for storage or a workshop !. This Barn would make a great Accessory Dwelling Unit (ADU) !
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 2,642 sq ft principal dwelling). Lot size: 43,560 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Stable(s) • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 24
Flooring - Laminate, Flooring - Wood
Dining Room
Lvl First12 x 16
Ceiling Fan(s), Flooring - Laminate, Flooring - Wood
Kitchen
Lvl First12 x 20
Breakfast Bar / Nook, Exterior Access, Slider
Family Room
Lvl First14 x 24
Flooring - Stone/Ceramic Tile
Master Bedroom
Lvl SecondBathroom - Full, Closet/Cabinets - Custom Built, Dressing Room
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondListing Agent: John Colby
Listing Office: Colby Realty
MLS® Number: 73565760
