20 Indian Ridge Dr Leominster — Photo 1 of 36
$569,900
Investment Analysis — 20 Indian Ridge Dr
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 2.64% cap rate and $15,037/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,106
Style
Single Family
Built
1986
Location, Location, Location! This well maintained 3BD, 1.5 bath Colonial sits minutes from Rt. 2 & 190 in a highly desirable cul de sac neighborhood. Inside, enjoy a renovated kitchen featuring stainless steel appliances, quartz countertops, and abundant cabinet space. The inviting living room offers a wood burning fireplace—perfect for cozy New England winters. The finished basement provides excellent flexibility for a family room, game room, or home office and walks out to a fenced in, spacious backyard. Choose between the patio or deck for grilling, entertaining, or relaxing outdoors. The oversized garage offers additional space for a workshop or storage. Upstairs, you’ll find convenient second floor laundry and wood floors throughout. Additional highlights include an updated furnace and AC, plus Purchased Solar panels for energy savings. 30-Amp back up generator plug and 50 Amp Electric car charger outlet in garage. This home combines comfort, convenience, and a prime location—ready for its next owner.
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 2,106 sq ft principal dwelling). Lot size: 16,200 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Shopping • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11 x 13.3
Flooring - Hardwood
Dining Room
Lvl Main,First11 x 15.2
Flooring - Hardwood
Kitchen
Lvl Main,First22.9 x 7.3
Countertops - Stone/Granite/Solid, Remodeled
Family Room
Lvl Main,First11 x 9.2
Flooring - Hardwood
Primary Bedroom
Lvl Second11.2 x 20.4
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second10.11 x 8.7
Bedroom 3
Lvl Second10.2 x 11.2
Closet, Flooring - Hardwood
Bathroom 1
Lvl First8.1 x 4.3
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second12.3 x 5
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Matt Straight
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73580437