0 W Broadway Gardner — Photo 1 of 3
$1,875,000
Investment Analysis — 0 W Broadway
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01440 carries an estimated $1,080/mo in gross rent — about a 0.44% cap rate and $8,331/yr in estimated NOI at the $1,875,000 list price. Adjust every assumption in the calculator below.
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The Compass Lane subdivision is located off West Broadway in Gardner, Massachusetts. Offers convenient access to Route 2, Route 68, and Route 140, connecting residents to the greater Worcester, Leominster-Fitchburg, and MetroWest markets. Gardner continues to attract demand for quality rental and for-sale housing as buyers and renters seek attainable alternatives to higher-cost markets to the south and east, creating a meaningful supply gap for newly constructed townhome product at the scale offered by this subdivision.16 dwellings totaling 32 approved townhome units16 separately recorded lots served by a dedicated subdivision roadPublic sewer and public waterPublic road access via Compass Lane, a recorded right-of-way with the City of Gardner Rezoned to GR-3 (General Residence), the least restrictive residential district in Gardner, from prior Commercial II designation. Subdivision approvals and zoning fully completed and recordedShovel-ready with final MassDOT access permit approval
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 MLS and other third-party data may be inaccurate or out of date.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
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Neighborhood
Park • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship
Geography
Listing Agent: James Glickman
Listing Office: NAI Glickman Kovago & Jacobs
MLS® Number: 73529162