Active Under Contract
16 Days on market
3 Arnold Road Leominster — Photo 1 of 38

3 Arnold Road Leominster — Photo 1 of 38

$485,000

Investment Analysis — 3 Arnold Road

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 3.29% cap rate and $15,936/yr in estimated NOI at the $485,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,644

Style

Single Family

Built

1948

***OFFER DEADLINE WEDNESDAY 9/2 @ 8PM - PLEASE ALLOW 24 HOURS FOR RESPONSE (SELLER RESERVES THE RIGHT TO ACCEPT AN OFFER AT ANY TIME). Lovingly adorned and meticulously maintained by the same family for 53 years. This classic Cape Cod style home showcases decades of pride of ownership in every single detail and effortlessly blends timeless character with modern amenities. The attached one car garage leads directly into a bright, sun filled breezeway featuring durable tile flooring. From the breezeway, step into an inviting dining area with a charming bow window that flows into a spacious family room with a cozy fireplace and hardwood flooring. The nearby kitchen has an abundance of rich cherry cabinets, granite coounter tops, a gas range and stainless appliances with direct access to a private back yard. Down the hall you'll find a full bathroom, a versatile first floor bedroom and a living room (could be used as a 4th bedroom). Venture upstairs and discover two spacious bedrooms, each offering ample closet space and natural light from skylights, alongside a shared full bathroom. The finished lower level provides a den with a cedar closet and generous storage space. Head outside to your private oasis featuring an expansive composite deck with built-in benches, surrounded by fenced-in back yard. Situated just moments from the heart of Leominster, Doyle Conservation Area, Doyle Field and more! Easy commuter location by train or Route 2. You will fall in love with this home!

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: 822 sq ft (the lesser of 900 sq ft or half the 1,644 sq ft principal dwelling). Lot size: 6,300 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.

Immersive Experience

Property Details

Financials

Original Price$485,000
Annual Taxes$5,770

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Vinyl, Carpet, Concrete, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Vinyl
BasementFull, Partially Finished, Interior Entry, Bulkhead, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Conventional (2x4-2x6)
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres0.14
SqFt Lot6,300
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBedroom 3Bathroom 1
Living Room
Lvl First

15 x 13

Closet, Flooring - Hardwood

Dining Room
Lvl First

10 x 11

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

12 x 9

Flooring - Vinyl, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl First

15 x 16

Flooring - Hardwood

Master Bedroom
Lvl Second

16 x 16

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

13 x 17

Bedroom 3
Lvl First

8 x 12

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

7 x 9

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

8 x 5

Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Christine Lorenzen

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73569059