53 Ridgewood Lane #16 Gardner — Photo 1 of 5
$190,000
Investment Analysis — 53 Ridgewood Lane #16
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01440 carries an estimated $1,560/mo in gross rent — about a 4.47% cap rate and $8,494/yr in estimated NOI at the $190,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
675
Style
Condominium
Built
1972
Why pay rent when you can own your own condo. This unit is tastefully renovated throughout and leaves nothing to do but move right in. On-site laundry and storage add to the many of amenities offered in this complex. Conveniently located! On site management!! Well cared for landscaped complex to include an inground pool and playground to enjoy with family and friends. All amenities close by with easy access to commute routes to make your work commute easy and convenient to wherever you need to go. Don't let this one pass you buy schedule your showing today.
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate
Dining Room
Lvl FirstFlooring - Laminate
Master Bedroom
Lvl FirstFlooring - Laminate
Bedroom 2
Lvl FirstProperty History
$190,000
Mar 27, 2026
MLS® 73492810
$185,000
Mar 24, 2026
MLS® 73435462
$185,000
Sep 24, 2025
MLS® 73435462
Listing Agent: Deborah Ticknor
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73492810
