1036 Pleasant Street Leominster — Photo 1 of 42
$665,000
Investment Analysis — 1036 Pleasant Street
Leominster, MA 01453
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01453 carries an estimated $2,380/mo in gross rent — about a 2.04% cap rate and $13,567/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,240
Style
Single Family
Built
2000
Set well back from the road on 2.12 acres, this spacious 3-bedroom, 2.5-bath Colonial offers privacy, flexibility and room to grow. With 3,240 sq. ft. of living area between the above and below grade levels, the home features a fireplaced living room, dining room, home office, two bonus rooms, first-floor laundry and a partially finished walkout basement. The attached 2-car garage offers even more possibilities, with finished rooms above that are not included in the listed living area ideal for future guest, in-law or potential ADU use, subject to town approval. Enjoy the deck, fenced yard, storage shed and a lot that extends beyond the back fence. Additional features include paved parking for six, insulated windows and doors, and convenient access to shopping, parks, trails, golf, schools and major routes. A home you can enjoy today with flexibility for whatever comes next.
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 3,240 sq ft principal dwelling). Lot size: 92,347 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s)
Dining Room
Lvl FirstCeiling Fan(s), Open Floorplan
Kitchen
Lvl Main,FirstDining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Office
Lvl FirstFamily Room
Lvl BasementFlooring - Wall to Wall Carpet, Wet Bar, Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Full, Jacuzzi / Whirlpool Soaking Tub
Bathroom 3
Lvl Main,SecondBathroom - Half
Listing Agent: Linda Anderson
Listing Office: Keller Williams Realty North Central
MLS® Number: 73568076