Investment Analysis — 265 Pine 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 3.60% cap rate and $13,699/yr in estimated NOI at the $380,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,920

Style

Single Family

Built

1900

Spacious 1,920 sq. ft. Colonial offering plenty of room to live, work, and entertain! The home features a finished basement, a 2-car garage, and a wonderful four-season enclosed porch with skylights, creating a bright and inviting space to enjoy year-round.The second floor offers potential for an in-law setup, providing flexibility for extended family, guests, or additional living space. Recent updates include newer siding and windows, both installed within the past seven years, along with a 2014 furnace and new hot water tank installed in 2025.With generous living space, valuable updates, a two-car garage, and versatile spaces throughout, this home offers a great combination of comfort, functionality, and potential.

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: 900 sq ft (the lesser of 900 sq ft or half the 1,920 sq ft principal dwelling). Lot size: 13,523 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 MLS and other third-party data may be inaccurate or out of date.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.