Investment Analysis — 456 Ridge Rd

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 1.63% cap rate and $15,878/yr in estimated NOI at the $975,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,100

Style

Single Family

Built

2018

Athol’s Ultimate Sunset Sanctuary – Total Privacy on 2+ Cleared AcresEscape to one of the most scenic vantage points in town. Perfectly positioned in the center of over 2 cleared, gentle acres, this 3,100 sq. ft. home (including finished basement) offers unmatched privacy and 360-degree views. A 200’+ paved driveway leads you past your private basketball court to this hilltop retreat, where the premier highlight is the best sunset view in Athol.The seamless open floor plan connects the kitchen and living room, flowing into a breathtaking sunroom that opens to the living area and an expansive deck. The main level features a bedroom and full bath, plus a large mudroom with laundry connecting the kitchen to the garage.Upstairs, the primary suite features a private full bath, accompanied by two additional bedrooms and another full bathroom. The finished walk-out basement adds incredible living space, a fourth full bathroom, and leads directly to a massive patio with a fire pit.

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 3,100 sq ft principal dwelling). Lot size: 222,156 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.