59 Prospect St Gardner — Photo 1 of 40
Recent Drop: $1
$574,999
Investment Analysis — 59 Prospect St
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 5-bedroom in 01440 carries an estimated $2,350/mo in gross rent — about a 2.71% cap rate and $15,578/yr in estimated NOI at the $574,999 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,302
Style
Single Family
Built
1927
Welcome to 59 Prospect Street, a classic 1927 Colonial offering 4 bedrooms, 2.5 bathrooms, and 2,302 sq. ft. of living space on an expansive 0.77-acre level lot. The main level features warm wood flooring, a cozy fireplace, abundant natural light, and a dedicated dining room ideal for entertaining. Upstairs boasts four spacious bedrooms, while the partially finished basement adds versatile space for a home gym or media area. Outdoor living shines with a massive private back deck, stone patio, and broad yard surrounded by mature trees—perfect for summer relaxation. Complete with an attached 1-car garage, paved driveway for 5 cars, and outdoor storage shed. Conveniently located near public transport, parks, local shopping, and major highway access. This Gardner home combines character, comfort, and exceptional yard space. Open Houses Sat. 8/29 & Sun. 8/30 from 12-2 PM
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 2,302 sq ft principal dwelling). Lot size: 33,481 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
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf
Geography
Property History
$574,999
Was $575,000
Aug 21, 2026
MLS® 73560109
$575,000
Aug 6, 2026
MLS® 73560109
Listing Agent: Candor Investment Group
Listing Office: eXp Realty LLC
MLS® Number: 73560109