55 Island Rd Winchendon — Photo 1 of 17
$1,270,000
Investment Analysis — 55 Island Rd
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 1.14% cap rate and $14,531/yr in estimated NOI at the $1,270,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,496
Style
Single Family
Built
1960
Set on Blueberry Island,55 Island Rd offers the wide-open water views that make this part of Lake Monomonac so memorable.Unlike the narrows,this setting looks out across expansive sweep of the lake.The home’s private feel and large Trex deck invite you to enjoy that view throughout the day. Spanning MA and NH, Lake Monomonac offers approximately 711 acres for boating, swimming, kayaking, waterskiing, and exploring.A boat is included with the sale - you can enjoy on day one!Inside,this 3-bedroom, 2.5-bath home offers approximately 2,496 square feet of living space,including a new second floor.The large primary suite features a 13x10 closet and a private bath with a separate glass enclosed shower/tub area.Improvements completed in 2020/21 include a metal roof, galv.steel oil tank,furnace,on-demand hot water htr,and whole-house re-insulation.With its Blueberry Island location,amazing views,and room to enjoy both home and water,this property offers a distinctive Lake Monomonac lifestyle.
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 2,496 sq ft principal dwelling). Lot size: 18,687 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Water Treatment • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer
Geography
Property History
$1,270,000
Sep 28, 2026
MLS® 73583251
$1,500,000
Sep 24, 2026
MLS® 73578502
$1,500,000
Sep 16, 2026
MLS® 73578502
Listing Agent: Dave White
Listing Office: OwnerEntry.com
MLS® Number: 73583251
