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9 Days on market

64 Lakeshore Dr Ashburnham — Photo 1 of 42

$800,000

Investment Analysis — 64 Lakeshore Dr

Ashburnham, MA 01430 — Watatic Lake

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01430 carries an estimated $2,620/mo in gross rent — about a 1.77% cap rate and $14,148/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,176

Style

Single Family

Built

1973

Rarely does an opportunity like this come along—90’ of waterfront, ½ acre of pristine lawn and mature landscaping on beautiful 200-acre Lake Watatic. Custom built and lovingly cared for by the same family for decades, this year-round home offers the chance to move in tomorrow and begin creating your own legacy over time. With a newer roof, newer furnace and passed Title 5, the setting takes center stage. Lake Watatic has long been a cherished destination, and today its expansive waters and natural surroundings provide a spectacular backdrop for every season. From summer days on the lake to the quiet beauty of winter and the changing landscape of spring and fall, life here has a distinctly vacation-like quality—without leaving home. Minutes to Route 2, the Wachusett train station and Wachusett Ski Area, with the beautiful Cushing Academy campus and charming village shops and restaurants nearby. A rare opportunity to own a piece of Lake Watatic and write the next chapter of its story.

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 MLS and other third-party data may be inaccurate or out of date.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.