497 Ridge Rd Athol — Photo 1 of 42
Recent Drop: $40,100
$799,900
Investment Analysis — 497 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 2.69% cap rate and $21,489/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,407
Style
Single Family
Built
2026
Sunset vistas meet modern efficiency in this brand-new, 3,500-square-foot home set on five private acres. Thoughtfully positioned to capture panoramic mountain views, this exceptional property offers spectacular sunsets and a peaceful, private setting. Large windows frame the surrounding landscape and fill the home with natural light.Designed for comfort, air quality and energy efficiency, the four-bedroom residence features a complete spray-foam insulation envelope that creates a quiet, well-insulated interior. An integrated energy recovery ventilation system provides a continuous flow of fresh, filtered air, while high-efficiency heat-pump air conditioning and propane heat deliver year-round climate control.The spacious floor plan includes two full and two half baths, generous living and entertaining areas, and a sleek all-electric kitchen designed for today’s lifestyle. The expansive living room provides the perfect place to relax while enjoying the ever-changing mountain scenery.With new construction, advanced mechanical systems, abundant living space and five private acres, this home combines contemporary technology with the natural beauty of its surroundings. Enjoy peaceful mornings, sweeping mountain views and colorful sunsets from a property designed to provide lasting comfort and efficiency.
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 3,407 sq ft principal dwelling). Lot size: 217,800 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Oven • Microwave • Washer • Dryer • Range Hood
Neighborhood
Shopping • Golf • Medical Facility • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstBathroom - Full, Bathroom - Half, Cathedral Ceiling(s), Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,FirstBathroom - Full, Bathroom - Half, Flooring - Hardwood, Deck - Exterior, Exterior Access
Kitchen
Lvl MainBathroom - Full, Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Primary Bedroom
Lvl SecondBathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 4
Lvl FirstFlooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture
Bathroom 3
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Property History
$799,900
Was $840,000
Sep 28, 2026
MLS® 73500377
$840,000
Was $850,000
Aug 1, 2026
MLS® 73500377
$850,000
Was $860,000
Jun 16, 2026
MLS® 73500377
$860,000
Was $875,000
Jun 4, 2026
MLS® 73500377
$875,000
Apr 13, 2026
MLS® 73500377
Listing Agent: Liza M. Melo
Listing Office: Four Columns Realty, LLC
MLS® Number: 73500377
