Investment Analysis — 43 Emerald Street

Athol, MA 01331

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01331 carries an estimated $2,520/mo in gross rent — about a 4.14% cap rate and $19,224/yr in estimated NOI at the $464,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,582

Style

Single Family

Built

1880

Price improvement!! Beautifully renovated home featuring major updates throughout in 2025. Enjoy energy-efficient living with solar panels that cover most electric costs — summer bills have reportedly been as low as $0-$37 even with central A/C running throughout the day. Brand new central A/C and heating system installed in early 2026, along with a new electric water heater and new water filtration system. New windows installed in 2025. Fully finished basement offers additional living space perfect for entertaining, home office, gym, or extended living needs. Solar system is nearly paid off. Move-in ready with modern upgrades and excellent utility savings.

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: 791 sq ft (the lesser of 900 sq ft or half the 1,582 sq ft principal dwelling). Lot size: 3,883 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 MLS and other third-party data may be inaccurate or out of date.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.