136 Chapel St Gardner — Photo 1 of 33
Recent Drop: $25,000
$625,000
Investment Analysis — 136 Chapel St
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01440 carries an estimated $2,000/mo in gross rent — about a 2.18% cap rate and $13,613/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,451
Style
Single Family
Built
1940
Country Cottage on Chapel in Chair City - so much to love! Situated on a corner lot near the junction of 140 and 101 with Rt 2 access within minutes, this property fulfills your FIELD OF DREAMS! With almost 600 ft of street frontage on Smith and 6+ acres of LAND, the possibilities seem endless for those exploring sub-dividing, ADU, homesteading, expanding, pool oasis, or your very own football field! This cozy cape allows for single level living with a 1st flr bdrm and bath w/WI tiled shower, hardwood floors, gas fp, DR & LR. Upstairs you'll find two more bedrooms, original built in drawers, walk through closet, hardwood floors, and the cutest windows w/original folding shutters including a mini greenhouse window for those with a green thumb! A private back deck is perfect to enjoy morning coffee or dinner with friends while overlooking your HUGE backyard complete with sheds & greenhouse, carports, fruit trees, garden beds, perennials, and loads of wildlife!
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: 726 sq ft (the lesser of 900 sq ft or half the 1,451 sq ft principal dwelling). Lot size: 293,482 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
Range • Dishwasher • Refrigerator
Neighborhood
Park
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstProperty History
$625,000
Aug 28, 2026
MLS® 73570032
$625,000
Was $650,000
Jul 22, 2026
MLS® 73509666
$650,000
Was $749,900
Jul 1, 2026
MLS® 73509666
$749,900
Was $799,000
Jun 1, 2026
MLS® 73509666
$799,000
Apr 29, 2026
MLS® 73509666
Listing Agent: Heather Carbone
Listing Office: Central Mass Real Estate
MLS® Number: 73509666
