219 Fernwood Dr Gardner — Photo 1 of 27
Recent Drop: $40,000
$499,999
Investment Analysis — 219 Fernwood Dr
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01440 carries an estimated $2,350/mo in gross rent — about a 3.20% cap rate and $15,988/yr in estimated NOI at the $499,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,769
Style
Single Family
Built
1989
Beautifully updated and move-in ready, this desirable Gardner home offers comfortable living with thoughtful updates throughout. The second floor features new flooring, while updated bathrooms with durable luxury vinyl flooring add modern appeal. The kitchen is enhanced by a new backsplash, and updated light fixtures complement the home's inviting living spaces. The fireplace adds warmth and character to the main living area. The functional floor plan, basement laundry, and comfortable living areas make this home ideal for both everyday living and entertaining. Conveniently located near the local golf course, shopping, dining, and major routes, this home offers both comfort and convenience. Don't miss the opportunity to make it yours!
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: 885 sq ft (the lesser of 900 sq ft or half the 1,769 sq ft principal dwelling). Lot size: 16,189 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl SecondBathroom 2
Lvl FirstProperty History
$499,999
Was $509,000
Aug 29, 2026
MLS® 73510913
$509,000
Was $529,900
Aug 18, 2026
MLS® 73510913
$529,900
Was $519,995
Aug 13, 2026
MLS® 73510913
$519,995
Was $539,995
Jul 19, 2026
MLS® 73510913
$539,995
Was $539,999
Jul 5, 2026
MLS® 73510913
$509,995
Jul 3, 2026
MLS® 73399384
$539,999
May 21, 2026
MLS® 73510913
$509,995
Jul 3, 2025
MLS® 73399384
$473,900
Feb 24, 2025
MLS® 73330936
$474,900
Jan 30, 2025
MLS® 73330936
Listing Agent: Mike Bourdeau
Listing Office: HFM Realty Inc
MLS® Number: 73510913