29 Shady Ave Westminster — Photo 1 of 42
Recent Drop: $54,500
$539,000
Investment Analysis — 29 Shady Ave
Westminster, MA 01473
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01473 carries an estimated $3,750/mo in gross rent — about a 4.90% cap rate and $26,385/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,178
Style
Single Family
Built
1974
Beautiful colonial with modern conveniences and flexible living space. A unique property featuring a separate living area with a full kitchen, bathroom, living room, and large bedroom. Imagine guest quarters, extended living arrangements, multi-generational households, or potential income. Many updates had been completed, and care was given by previous ownership. The main kitchen features stainless steel appliances, attractive cabinets, tile backsplash, and plenty of counters. The main living / dining area is centered around a country-style brick facade with a gas heating stove. The main bathroom showcases a stunning gray-blue and white tile shower, rich dark blue cabinets, and complementary flooring. Throughout the home there are multiple closets and shelving. Enjoy the large front and back yards and private wooded setting. The main back yard has a patio and fenced area. There is plenty of parking, an attached garage, and a storage shed. The accessory unit has its own egress and deck.
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 3,178 sq ft principal dwelling). Lot size: 336,470 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
Neighborhood
Walk/Jog Trails • Golf • Highway Access • Public School • University
Geography
Property History
$539,000
Was $549,000
Sep 9, 2026
MLS® 73528584
$549,000
Was $563,900
Aug 10, 2026
MLS® 73528584
$563,900
Was $593,500
Jul 9, 2026
MLS® 73528584
$593,500
Jun 2, 2026
MLS® 73528584
Listing Agent: Michael Madulka
Listing Office: Quinsigamond Realty
MLS® Number: 73528584