Investment Analysis — 72 Lake Street #72

Gardner, MA 01440

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01440 carries an estimated $1,560/mo in gross rent — about a 2.97% cap rate and $8,015/yr in estimated NOI at the $270,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,008

Style

Condominium

Built

2009

Enjoy comfortable townhouse living with Crystal Lake and the North Central Pathway close by! This east-facing 2-bedroom, 1.5-bath townhouse welcomes the morning sun and offers a spacious, practical layout with room to make it your own. The main level features a generous living room that flows into the dining area and kitchen, with ample cabinet space, a pantry, and sliders leading to a private deck overlooking the grassy common area—a great spot for morning coffee, outdoor dining, or simply unwinding at the end of the day. A half bath completes the first floor. Upstairs, you'll find two nicely sized bedrooms with plenty of closet space and a full bath. The unfinished lower level provides laundry, valuable storage, and potential for additional finished space. Outdoor enthusiasts will appreciate being close to Crystal Lake and the North Central Pathway, a paved trail for walking and biking that begins along the eastern shore of the lake and continues through Gardner toward Winchendon. Downtown Gardner, shopping, restaurants, the library, Heywood Hospital, and Mount Wachusett Community College are also nearby. With two parking spaces, low HOA fees, and small pets welcome, 72 Lake Street offers an appealing combination of space, convenience, and access to some of Gardner's best outdoor amenities.

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 MLS and other third-party data may be inaccurate or out of date.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