Lot 8 Park Street Westminster — Photo 1 of 23
$895,000
Investment Analysis — Lot 8 Park Street
Westminster, MA 01473
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01473 carries an estimated $3,750/mo in gross rent — about a 2.62% cap rate and $23,460/yr in estimated NOI at the $895,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,652
Style
Single Family
Built
2026
Introducing your dream home in the making! This brand-new construction offers you the exciting opportunity to personalize your space with your own design selections. Featuring four generously sized bedrooms and two full bathrooms, the primary suite is your private retreat, complete with a spacious walk-in closet and a luxurious en-suite bathroom. Enjoy the convenience of a dedicated first-floor home office, second-floor laundry, and a mudroom with built-in cubbies. The two-car garage and open floor plan create a seamless flow for modern living.This home is truly an HGTV-inspired masterpiece waiting to come to life! Note: The photos are representative of similar builds with some upgrades. Nestled in a charming, ten-lot subdivision, construction is set to begin next week, with the first home expected to be completed by Summer/Fall 2026. Choose from a variety of house plans or bring your own plan vision to life—other lots available.
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 2,652 sq ft principal dwelling). Lot size: 46,976 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
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Microwave • Plumbed For Ice Maker
Neighborhood
Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl First11 x 13
Flooring - Hardwood
Kitchen
Lvl First13 x 20
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting
Office
Lvl First13 x 16
Bathroom - Full, Flooring - Hardwood
Family Room
Lvl First22 x 17
Flooring - Hardwood
Primary Bedroom
Lvl Second13 x 15
Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second15 x 11
Bedroom 3
Lvl Second12 x 12
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second11 x 11
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First5 x 6
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Michael Jeanson Jr.
Listing Office: Colonial Homes Real Estate
MLS® Number: 73493141
