
71 Nicolle Ter Gardner — Photo 1 of 42
$675,000
Investment Analysis — 71 Nicolle Ter
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01440 carries an estimated $2,000/mo in gross rent — about a 1.66% cap rate and $11,189/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,380
Style
Single Family
Built
2002
Set at the end of a quiet cul-de-sac, this spacious three-bedroom home offers approximately 2,380 sq. ft. of living space on 1.95 acres. An owned 35-panel solar system and a heat pump provide valuable energy-conscious features. The open kitchen and living room feature abundant windows that bring in natural light and create a bright, comfortable gathering space, complemented by a formal dining room and versatile front office. Two proposed bedrooms were combined during original construction to create an oversized primary bedroom with an attached bath and two walk-in closets. Additional features include an enclosed knotty-pine three-season porch and deck, a large bonus/activity room over the two-car garage, and an unfinished walkout lower level with rough-in plumbing, large windows, and a French door. Beautifully landscaped grounds feature expansive lawn areas, flowering ornamental trees, perennial gardens, and wooded surroundings. A substantial fenced portion of the yard offers exceptional privacy while maintaining the open feel and charm of an established neighborhood setting, while additional unfenced grounds extend from the front entrance along the opposite side of the house. Conveniently located approximately one mile from Route 2.
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 2,380 sq ft principal dwelling). Lot size: 84,829 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood • Plumbed For Ice Maker
Neighborhood
Shopping • Walk/Jog Trails • Golf • Medical Facility • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan, Recessed Lighting, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Hardwood, Crown Molding
Kitchen
Lvl Main,FirstFlooring - Hardwood, Dining Area, Deck - Exterior, Open Floorplan, Recessed Lighting
Office
Lvl MainFlooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Family Room
Lvl FirstMaster Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Half, Ceiling Fan(s), Flooring - Hardwood, Pedestal Sink
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Enclosed Shower - Fiberglass
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Lydia Desgroseilliers
Listing Office: Heritage Park Realty
MLS® Number: 73575593