
25 School House Rd Phillipston — Photo 1 of 21
$399,900
Investment Analysis — 25 School House Rd
Phillipston, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01331 carries an estimated $1,500/mo in gross rent — about a 2.65% cap rate and $10,580/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,080
Style
Single Family
Built
1979
Welcome home to 25 School House Road. Walk inside and and you are immediately greeted by everything this inviting Cape has to offer. Lovingly maintained and beautifully updated, this home is exactly what you have been searching for. Move seamlessly from your spacious living area, to your cabinet filled kitchen - and right outside to the generous sized deck overlooking you private, tree lined, fenced-in back yard. Complementing the living space is one full bathroom, designed for both functionality and aesthetic appeal. Massive first floor bonus room to serve as extra living space, guest room or home office. Upstairs you will find two thoughtfully proportioned bedrooms, with plenty of built in storage and closet space too. This property presents an exceptional opportunity for those seeking a harmonious blend of comfort and expansive outdoor potential. Set on a substantial 41,382 square foot lot, this property provides ample outdoor area for recreation, landscaping, or future expansion - currently presented as a two-bedroom home, the septic is designed for three-bedroom potential. Convenient access to Route 2 and 202: along with local restaurants, hiking trails, conservation land, and recreation. Schedule a private viewing to experience the unique charm of this Phillipston residence.
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: 540 sq ft (the lesser of 900 sq ft or half the 1,080 sq ft principal dwelling). Lot size: 41,382 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
Electric Water Heater • Water Heater
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl FirstListing Agent: Hometown Team
Listing Office: Real Broker MA, LLC
MLS® Number: 73583582





