Back to Search
Active
4 Days on market
306 Leominster Road Sterling — Photo 1 of 37

306 Leominster Road Sterling — Photo 1 of 37

$500,000

Investment Analysis — 306 Leominster Road

Sterling, MA 01564

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01564 carries an estimated $2,870/mo in gross rent — about a 4.26% cap rate and $21,293/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

3,287

Style

Single Family

Built

1957

Welcome to a home where charm, character, space and endless possibilities come together! Nestled in the desirable town of Sterling, this special 4 bedroom, 3 bath home offers a wonderful blend of privacy and convenience, set among mature trees and beautiful wooded surroundings while remaining just minutes from Route 190, 290 and major routes. From the moment you step inside, you'll notice the character that makes this home truly unique. Dramatic wood-beamed ceilings, gorgeous wood floors and beautiful stone fireplaces create warmth and personality throughout. The main level offers a freshly painted kitchen with newer appliances, an elegant dining room and two inviting living spaces-one centered around a stunning stone fireplace and the other a bright, light-filled sunroom surrounded by windows. Three bedrooms & full bath with laundry complete the first floor. Upstairs, the spacious fourth bedroom offers its own private bath and an abundance of storage, creating a wonderful private retreat for guests, a home office, or anyone looking for a little extra space and privacy. And then there's the lower level-a truly special bonus space with so much potential. Multiple rooms, a second gorgeous stone fireplace, a dedicated workshop and an incredible amount of closet and storage space provide room to create whatever works best for you. Imagine a recreation room, movie room, home gym, office, hobby space, additional living area or possible in-law set-up-the possibilities are endless.Outside, enjoy the privacy of a large, tree-lined backyard, established flower beds, two driveways and plenty of parking. A newer septic system adds valuable peace of mind. This is a home with character you simply don't find every day, offering beautiful natural surroundings, generous space, incredible storage and a layout full of possibilities, all in a desirable Sterling location. This is a must-see in person! Open House 10/4 11am-1pm!

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 3,287 sq ft principal dwelling). Lot size: 46,609 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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$500,000
Annual Taxes$4,881

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms13
Fireplaces2
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Vinyl
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Oil, Fireplace
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRRF

Property & Lot

Acres1.07
SqFt Lot46,609
Lot Features--

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer

Neighborhood

Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Bathroom 2
Living Room
Lvl First

16 x 20

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Dining Room
Lvl First

19 x 14

Coffered Ceiling(s), Flooring - Vinyl, Window(s) - Picture, Recessed Lighting

Kitchen
Lvl First

17 x 17

Flooring - Stone/Ceramic Tile, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl First

15 x 23

Flooring - Laminate, Exterior Access

Primary Bedroom
Lvl First

16 x 12

Cedar Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl First

11 x 12

Bedroom 3
Lvl First

12 x 16

Walk-In Closet(s), Cedar Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 4
Lvl Second

13 x 16

Closet, Flooring - Laminate

Bathroom 1
Lvl First

9 x 12

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Basement

8 x 7

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

8 x 5

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Julie Lavoie

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73585189