Active
19 Days on market
4 Olive Dr Leominster — Photo 1 of 39

4 Olive Dr Leominster — Photo 1 of 39

Recent Drop: $14,000

$489,000
$475,000

$475,000

Investment Analysis — 4 Olive Dr

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 3.42% cap rate and $16,248/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,176

Style

Single Family

Built

1967

Welcome home to this wonderfully maintained ranch offering easy single-level living just steps from Lake Samoset! Gleaming hardwood floors flow throughout the main living areas, while the modern, open-concept kitchen features granite countertops and a brand-new 6-burner gas stove. Three generously sized bedrooms and an updated bathroom with modern cabinetry and a tiled shower complete the main level. Need more space? The finished walk-out lower level offers fantastic flexibility with a home office, additional living space, and a large laundry room. Enjoy the outdoors from the Trex front porch or spacious back deck. Additional features include two mini-split systems, wood stove, a newer water tank and furnace, and a roof approximately 15 years old. Best of all, Lake Samoset is just steps away, with opportunities to purchase beach access or potentially your own private beach thru the lake association. A beautifully cared-for home offering comfort, versatility, and a wonderful location!

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: 588 sq ft (the lesser of 900 sq ft or half the 1,176 sq ft principal dwelling). Lot size: 14,810 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

Open Houses

Property Details

Financials

Original Price$489,000
Annual Taxes$5,457.67

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementFinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.34
SqFt Lot14,810
Lot Features--

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Office
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl Basement
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bathroom 1
Lvl First

Property History

Price Drop
$475,000

Was $489,000

Sep 7, 2026

MLS® 73567233

Listed
$489,000

Aug 24, 2026

MLS® 73567233

Listing Provided By

Listing Agent: Tiffany Ordile

Listing Office: Keller Williams Realty North Central

MLS® Number: 73567233