
7 Suomi Road Gardner — Photo 1 of 42
$429,500
Investment Analysis — 7 Suomi Road
Gardner, MA 01440 — Parker Pond
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 3.00% cap rate and $12,866/yr in estimated NOI at the $429,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,279
Style
Single Family
Built
2005
Turn-key waterfront living on Parker Pond! This privately set 3-bedroom, 2-full-bath Cape is ready for its new owner to unpack and enjoy, with beautiful views of the water and changing fall foliage from the expansive back deck or welcoming front farmers porch. The living room features Australian cypress wood flooring, a fireplace and pellet stove, with easy access to the eat-in kitchen. The kitchen offers hickory cabinetry, peninsula seating, a dining area, radiant heat and direct access to the large deck - creating an inviting space for everyday living and entertaining. The first floor includes a primary bedroom suite with direct access to the full bathroom, along with a laundry area for added convenience. Upstairs, two generously sized bedrooms each have double closets and new LVP flooring, along with a full bathroom and useful foyer area. The walk-out lower level adds even more potential, including a mostly finished room overlooking the backyard and pond. Outside, enjoy the beautifully landscaped grounds with approximately 40 hydrangea plants, a chicken coop and direct waterfront access for fishing, boating and winter skating. Recent updates include new flooring, interior painting and exterior painting. With multiple heating options and a setting designed to enjoy every season, this is a waterfront property ready to be enjoyed. ** OPEN HOUSE ON SATURDAY, SEPT. 19th 1:00-3:00pm **
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: 640 sq ft (the lesser of 900 sq ft or half the 1,279 sq ft principal dwelling). Lot size: 26,961 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
Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Golf • Medical Facility • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 16
Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Recessed Lighting
Kitchen
Lvl First11 x 17
Flooring - Stone/Ceramic Tile, Dining Area, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Peninsula
Primary Bedroom
Lvl First11 x 14
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second11 x 15
Bedroom 3
Lvl Second11 x 15
Ceiling Fan(s), Closet - Double
Bathroom 1
Lvl First5 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Pocket Door
Bathroom 2
Lvl Second4 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Listing Agent: Cory Gracie
Listing Office: LAER Realty Partners
MLS® Number: 73578840

