Investment Analysis — 407 Clarendon St

Fitchburg, MA 01420

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 4.76% cap rate and $18,307/yr in estimated NOI at the $384,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,440

Style

Single Family

Built

1910

Discover a lifestyle of comfort and convenience at 407 Clarendon St, Fitchburg, MA. This inviting 1440 sq ft single-family residence, built in 1910, is ready for you to move in and make it your own. It presents a unique opportunity to embrace a home where classic charm meets modern efficiency. The home offers four bedrooms, providing ample personal space for everyone. A full bathroom, featuring a walk-in shower, provides a refreshing start or end to your day. Additionally, a convenient half bathroom enhances the functionality of the home. Beyond the interior, the property extends its living spaces outdoors with a welcoming patio or quiet contemplation. The charming porch offers a delightful spot to enjoy the surroundings. Gather around the fire pit on cooler evenings, creating lasting memories. Practical amenities include a basement for additional storage or future expansion, and solar panels contributing to energy efficiency. A two-car garage provides secure parking and extra storage space for your vehicles and belongings. This home offers a blend of classic appeal and modern living, inviting you to experience its unique character.

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: 720 sq ft (the lesser of 900 sq ft or half the 1,440 sq ft principal dwelling). Lot size: 9,788 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.