
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Plumbed For Ice Maker
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset
Dining Room
Lvl FirstFlooring - Hardwood, Slider
Kitchen
Lvl FirstFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting
Office
Lvl FirstFlooring - Wall to Wall Carpet
Family Room
Lvl FirstCathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Matt Straight
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73562593