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32 Days on market
501 Alpine Rd #Applewood Fitchburg — Photo 1 of 35

501 Alpine Rd #Applewood Fitchburg — Photo 1 of 35

$899,900

Investment Analysis — 501 Alpine Rd #Applewood

Fitchburg, MA 01420

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 1.33% cap rate and $12,001/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,492

Style

Single Family

Built

2026

Introducing The Applewood—a beautifully designed Colonial home to-be-built on 1.74 acres at Lot 3 Alpine Rd in Fitchburg. This 4-bedroom, 2.5-bath plan blends luxury with everyday comfort, starting with a spacious primary suite featuring two walk-in closets and a spa-like bath with a custom-tiled shower and dual vanities. The light-filled family room offers a soaring cathedral ceiling and a cozy fireplace, creating an inviting space for gatherings. The modern kitchen includes soft-close cabinetry, granite countertops, and a pantry, with opportunities to personalize finishes to your style. A full walkout basement provides direct backyard access and exceptional potential for future living space. Set on a generous lot that offers both privacy and possibility, this home gives buyers the chance to customize and create a space that truly reflects their vision.

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 2,492 sq ft principal dwelling). Lot size: 64,904 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

Original Price$899,900
Annual Taxes--

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Propane
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres1.49
SqFt Lot64,904
Lot Features--

Amenities & Appliances

Water Heater • Plumbed For Ice Maker

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1
Living Room
Lvl First

Closet

Dining Room
Lvl First

Flooring - Hardwood, Slider

Kitchen
Lvl First

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting

Office
Lvl First

Flooring - Wall to Wall Carpet

Family Room
Lvl First

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Closet - Double

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Matt Straight

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73562593