Investment Analysis — 45 Joslin Road

Winchendon, MA 01475

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01475 carries an estimated $2,220/mo in gross rent — about a 4.18% cap rate and $15,876/yr in estimated NOI at the $379,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,692

Style

Single Family

Built

1988

So much more than what you find in your traditional split-entry style home!!! A beautiful sunken Great Room in the back of this home for privacy offering cathedral ceilings, skylights, brick hearth, laminate flooring and sliding glass doors leading to a deck! 2 bathrooms (one with walk-in shower)! A front-to-back family room in the basement! Master bedroom has a walk-in closet! 3rd bedroom is on the lower level. Need a den or home office? Living room French Doors lead to a sunken den, office or maybe a playroom? Priced low because some work still remains to be done. This home will not meet FHA, FmHA or VA requirements. Above ground pool conveys but needs work. Located on a beautiful country road yet just minutes to downtown Winchendon and Routes 12, 202, 140 and 2! A travelers DREAM to live in the country with over an acre yet have good highway access! Title 5 passed!! Still time to be in your home before the upcoming holidays if you hurry!!

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 2,692 sq ft principal dwelling). Lot size: 60,426 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.