
35 Newtonville Avenue Fitchburg — Photo 1 of 25
$449,900
Investment Analysis — 35 Newtonville Avenue
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 4.05% cap rate and $18,202/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,896
Style
Single Family
Built
1952
True Turnkey Ranch offering Single-Level Living paired with a Permitted, Finished Lower Level offering real Flexibility. The Front Door Opens to a Foyer with Built-in Storage. The Main Floor delivers! A Large Living Room with True Hardwood Floors, a Fireplace, and Big Windows that fill the space with Natural Light Open to the Large Kitchen with New Cabinetry, Flooring & Fixtures. A Separate Office adds room for Remote Work, Hobbies, or a Playroom. An Oversized Primary Bedroom and Second Bedroom, both with True Hardwood Floors, plus both Full Baths and Main-Floor Laundry, complete the Main Level. Downstairs, a 2019 Permitted Finish adds two additional Legal Bedrooms with Egress, a spacious Family Room, and a Roughed-In Bathroom ready for future expansion. A separate Entrance opens real potential for Multigenerational Living down the road. The Systems set this home apart. Geothermal Heat, complete with its own wellhead, is among the most efficient heating technologies available, with underground loops built to last for decades. Natural Gas is connected at the property, and an Older established Solar Lease, already in place and producing, gives buyers predictable energy costs with zero installation cost. Recent Capital Improvements include a New Roof (2025), Updated Siding, and Updated Windows, so the big-ticket items are already handled. Outside Enjoy a Large Patio, Level Fenced Yard, Attached Garage, Storage Shed, and parking for five. Close to Route 2, commuter rail, schools, and bike paths.
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 1,896 sq ft principal dwelling). Lot size: 8,398 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19.3 x 13.5
Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Main,First21.9 x 13.8
Flooring - Laminate, Cabinets - Upgraded, Open Floorplan, Remodeled, Lighting - Overhead
Office
Lvl Main8.1 x 12.4
Family Room
Lvl Basement15.6 x 11.4
Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Main,First16.3 x 13.5
Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Main,First12.7 x 12.9
Bedroom 3
Lvl Basement13.5 x 11
Flooring - Wall to Wall Carpet, Exterior Access, Recessed Lighting
Bedroom 4
Lvl Basement15.6 x 11.3
Flooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl Main,First5.1 x 9.8
Bathroom - Full
Bathroom 2
Lvl Main,First4.5 x 6.3
Bathroom - 3/4
Listing Agent: Dylan Maclean
Listing Office: Foster-Healey Real Estate
MLS® Number: 73579242

