What is the estimated cap rate for 36 Stuart Ave, Leominster, MA 01453?

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, 36 Stuart Ave, Leominster, MA 01453 has an estimated 3.37% cap rate at its $499,000 list price, assuming ~$2,380/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 36 Stuart Ave, Leominster, MA 01453?

HUD Fair Market Rent estimates about $2,380/month total for a 3-bedroom in 01453. Actual market rent varies.

Active

1 Days on market

36 Stuart Ave Leominster — Photo 1 of 19

$499,000

Investment Analysis — 36 Stuart Ave

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01453 carries an estimated $2,380/mo in gross rent — about a 3.37% cap rate and $16,801/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,176

Style

Single Family

Built

2026

Welcome to 36 Stuart Ave, where the hard work has already been done. This updated 3-bedroom, 1-bath Leominster home offers approximately 1,176 square feet of fresh, move-in-ready living space with upgrades inside, outside, and throughout the home’s major systems. The new kitchen brings a fresh, polished feel with granite countertops, updated cabinetry, range, microwave, dishwasher, and refrigerator. A remodeled bathroom, new flooring, drywall, plaster, paint, insulation, and energy-efficient windows continue the updates throughout the home. Major system improvements include an upgraded electrical panel and wiring, new smoke detectors, a programmable thermostat, and a new HVAC system featuring a high-efficiency gas furnace, new vents, and ductwork. Outside, you’ll find a new roof, vinyl siding, gutters, front railings, propane tank, paved driveway, and crisp landscaping. Even better, the home is just minutes from highway access for an easier commute and close to restaurants, grocery stores, shopping, and everyday essentials. Fresh, convenient, and ready for its next chapter.

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: 588 sq ft (the lesser of 900 sq ft or half the 1,176 sq ft principal dwelling). Lot size: 10,044 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.

Financials

Original Price$499,000

Annual Taxes$4,905

Parking

Garage1

Off-Street3

Interior Specifications

Total Rooms5

FireplacesNone

FlooringHardwood, Flooring - Wall to Wall Carpet

BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Electric, Propane

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

Zoningres

Property & Lot

Acres0.23

SqFt Lot10,044

Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Golf • Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Main,First

Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1

Living Room

Lvl Main,First

Closet, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting, Remodeled

Dining Room

Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Remodeled, Lighting - Overhead

Kitchen

Lvl Main,First

Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom

Lvl Main,First

Ceiling Fan(s), Closet, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Bedroom 2

Lvl Main,First

Bedroom 3

Lvl Main,First

Ceiling Fan(s), Closet, Flooring - Hardwood, Remodeled, Lighting - Overhead

Bathroom 1

Lvl Main,First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Remodeled

Listing Provided By

Listing Agent: Mark Proctor

Listing Office: Real Estate Exchange

MLS® Number: 73575779