
523 Alpine Rd #Wachusett Fitchburg — Photo 1 of 42
$898,000
Investment Analysis — 523 Alpine Rd #Wachusett
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01420 carries an estimated $2,130/mo in gross rent — about a 0.96% cap rate and $8,650/yr in estimated NOI at the $898,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,737
Style
Single Family
Built
2026
Introducing The Wachusett—a beautifully designed ranch to be built on Lot 4 Alpine Rd in Fitchburg. This thoughtfully crafted 3-bedroom, 2-bath home offers easy, single-level living with modern comfort throughout. The spacious great room features a cathedral ceiling and a cozy corner fireplace, flowing seamlessly into the open kitchen and dining area—perfect for everyday living and entertaining. The primary suite includes a private bath, complemented by two additional bedrooms and a second full bath. A welcoming farmer’s porch and an attached two-car garage add convenience and charm. Buyers can personalize finishes to match their style. With nearby recreation, a peaceful setting, and a layout designed for comfort and simplicity, The Wachusett offers an ideal opportunity to build a home that fits your lifestyle. Walk Out Basement. OPEN HOUSE LOCATION: 501 ALPINE RD, FITCHBURG, MA
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: 869 sq ft (the lesser of 900 sq ft or half the 1,737 sq ft principal dwelling). Lot size: 75,794 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.
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Lvl FirstListing Agent: Matt Straight
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73562596