256 Marshall Street Athol — Photo 1 of 38
Recent Drop: $39,900
$470,000
Investment Analysis — 256 Marshall Street
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01331 carries an estimated $2,090/mo in gross rent — about a 3.00% cap rate and $14,082/yr in estimated NOI at the $470,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,540
Style
Single Family
Built
1984
FANTASTIC LOCATION on this executive level ranch home in one of Athol's most desirable neighborhoods! Three bedrooms and two bathrooms all on one level make this a great retirement property. Gleaming hardwood floors throughout the L shaped dining and living rooms and down the hallway and into each of the bedrooms. The oversized living room is very bright from the wall of sliders that open onto a balcony styled deck that offers elevated views. A working fireplace and elaborate mantle are made more dramatic by the vaulted ceilings. There are several built-in AC units throughout the house and in each of the bedrooms. An oversized two car garage also has workshop possibilities and the enormous heated basement (with a cedar closet) is ready for any expansion needs. Outside there is a large side yard that is very level, a custom built circular stone terrace sitting area with mature shade trees and plantings throughout the property.
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: 770 sq ft (the lesser of 900 sq ft or half the 1,540 sq ft principal dwelling). Lot size: 26,003 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
Electric Water Heater • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Highway Access
Geography
Property History
$470,000
Was $499,900
Aug 19, 2026
MLS® 73547761
$499,900
Was $509,900
Jul 19, 2026
MLS® 73547761
$509,900
Jul 9, 2026
MLS® 73547761
Listing Agent: Timothy S. Damon
Listing Office: Mercury Real Estate
MLS® Number: 73547761