37 Devlin Passway Fitchburg — Photo 1 of 27
$380,000
Investment Analysis — 37 Devlin Passway
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 4.86% cap rate and $18,461/yr in estimated NOI at the $380,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,530
Style
Single Family
Built
1915
Welcome to 37 Devlin Passway, a well-maintained Colonial-style single-family home ideally located near the Fitchburg/Leominster border! This commuter-friendly property offers convenient access to shopping, Water Street, Fitchburg State University, the Fitchburg train station, and major routes, with the university and train station approximately two miles away. The home features 4 bedrooms, a large eat-in kitchen with granite countertops, beautiful hardwood floors, and freshly painted interior and exterior. Enjoy the privacy of a completely fenced-in property with a beautiful yard and an impressive 8 off-street parking spaces. Adding to the appeal, the home is located directly in front of the walking trail connecting Fitchburg and Leominster, providing convenient access to outdoor recreation right outside your door. The property also features leased solar panels, offering an additional energy-efficient benefit. A great opportunity to own a move-in-ready home in a convenient location with plenty of space, parking, and outdoor enjoyment. OFFER DEADLINE TUE 9/8 5PM
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: 765 sq ft (the lesser of 900 sq ft or half the 1,530 sq ft principal dwelling). Lot size: 8,564 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
Gas Water Heater
Geography
Listing Agent: Juan Cano
Listing Office: Broad Sound Real Estate, LLC
MLS® Number: 73570645
