Investment Analysis — 88 W Princeton

Westminster, MA 01473

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01473 carries an estimated $3,200/mo in gross rent — about a 1.45% cap rate and $15,984/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

1,673

Style

Single Family

Built

2026

If this isn't "The Dream" I don't know what is. Imagine sitting on this front porch looking out over the meadows to Mount Wachusett as the deer visit the fields daily. This perfect one level floor plan is meant to be set on this rare piece of land, that is arguably the best remaining lot in Westminster. The 3+/- acre Lot C is crowned with spectacular, permanently protected views of Mount Wachusett, offering a rare combination of privacy, elevation, and land you can build your dream estate on. This is, without question, the finest building lot left in North Central Massachusetts. The setting is as private as it is beautiful. The land borders the Town of Westminster's Hager Park and the North County Land Trust's October Farm Preservation Project, surrounding your future home with conserved forest and open space that will never be developed. West Princeton Road turns to dirt at the boundary of the Wachusett Mountain State Reservation, effectively sealing off the area from future development and guaranteeing the peace and tranquility that drew you here in the first place. For buyers who want even more room to spread out, and more privacy Lot B is also available for purchase as a package. Underbrush cleared and 3 passing perc tests allow for numerous home configurations. And you won't be far from anything. Wachusett Mountain Ski Area, Great Wolf Lodge, the 1764 Old Mill Restaurant, and Wachusett Brew Yard are all within a 10-minute drive, while Route 2 is just 1.6 miles away and the Wachusett MBTA commuter rail station only 4.8 miles — putting Boston and Route 128 well within easy reach. Country estate living, with the conveniences of civilization close at hand. This is exactly why buyers have made Westminster one of the most desirable places to move in Central MA.Build this plan, modify it, bring your own plans, or we can help you find the perfect plan for you. Budgets from $1.1 and up can be accommodated. Building your dream home doesn't have to be scary when you work with the right team. Let's put all the pieces together so you can have your dream home once and for all and stop looking at resale homes that just fall short.

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: 837 sq ft (the lesser of 900 sq ft or half the 1,673 sq ft principal dwelling). Lot size: 130,680 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.