
36 Leominster Street Westminster — Photo 1 of 42
$509,900
Investment Analysis — 36 Leominster Street
Westminster, MA 01473
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01473 carries an estimated $3,200/mo in gross rent — about a 4.84% cap rate and $24,683/yr in estimated NOI at the $509,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
1,427
Style
Single Family
Built
1900
Set on approximately 1.5 acres just minutes from Route 2, this thoughtfully updated Cape offers a warm, flexible place to gather, unwind, and enjoy the best of Westminster living. At the heart of the home, the beautifully remodeled kitchen is made for bringing people together, with a generous island, quartz countertops, crisp white cabinetry, stainless-steel appliances, and hardwood floors. Step through the slider onto the expansive 25' x 15' composite deck, where a quiet morning coffee or an evening barbecue feels right at home. Natural light fills the living room and reflects across the hardwood floors, creating an inviting space to relax at the end of the day. Two first-floor bedrooms and two full baths, including a beautifully remodeled bath, add everyday convenience and flexibility. Upstairs, the entire second floor becomes a private retreat with dedicated sleeping and sitting areas, a home-office nook, walk-in-style dressing space, and generous eave storage beneath the classic Cape roofline. The finished walkout lower level offers another place to get away, whether for movie nights, music, games, hobbies, or simply some quiet time. A third full bath, laundry room with utility sink, direct exterior access, and a one-car under garage with workbench add practical versatility. Outside, the property feels peaceful and expansive. Gather around the fire pit, relax beneath the covered swing, enjoy a screened sitting area on warm evenings, or make use of the broad lawn for gardening, recreation, pets, or outdoor projects. Multiple outbuildings provide room for tools, equipment, recreational gear, and creative pursuits, while two driveways add parking and access. Owner improvements include gutters, ridge ventilation, attic insulation, a Rinnai tankless hot-water system, and radon mitigation. Propane hot-water baseboard heat, added insulation, and a leased solar array support a more energy-conscious home. Close to Westminster Center, Wachusett Mountain, Leominster shops and restaurants, and Route 2 for travel east toward Greater Boston or west across North Central Massachusetts, this is a home that offers breathing room, connection to nature, and convenient access to everyday life. Preview this lovely home in 3d, visit our open house or schedule a private showing.
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: 714 sq ft (the lesser of 900 sq ft or half the 1,427 sq ft principal dwelling). Lot size: 65,340 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 • Tankless Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Golf • Laundromat • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23 x 10
Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl First23 x 11
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Lighting - Pendant
Master Bedroom
Lvl Second35 x 12
Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl First11 x 9
Bedroom 3
Lvl null11 x 8
Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First10 x 5
Bathroom - 3/4, Flooring - Laminate, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl First8 x 4
Bathroom - 3/4, Flooring - Vinyl, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Basement6 x 5
Bathroom - 3/4, Flooring - Vinyl, Lighting - Sconce, Lighting - Overhead
Listing Agent: Thomas Blake
Listing Office: RE/MAX Liberty
MLS® Number: 73570444
