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48 Carter Rd. Westminster — Photo 1 of 42

48 Carter Rd. Westminster — Photo 1 of 42

$519,000

Investment Analysis — 48 Carter Rd.

Westminster, MA 01473

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01473 carries an estimated $3,200/mo in gross rent — about a 4.88% cap rate and $25,344/yr in estimated NOI at the $519,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,300

Style

Single Family

Built

1959

Completely renovated 3-bedroom Cape located less than a mile from town center! This beautifully updated home features a gorgeous brand-new kitchen with custom cabinets, quartz countertops and stainless-steel appliances. The open layout flows seamlessly into the formal dining area, creating a welcoming space for everyday living and entertaining. The first floor offers a comfortable bedroom and full bathroom, while the spacious living room showcases a wood-burning fireplace. Upstairs, you’ll find two sizable bedrooms and an additional full bathroom. Numerous updates include new interior trim and doors, new LVP flooring throughout, a furnace replaced in 2023, remodeled bathrooms (2019), new first-floor windows, second-floor windows replaced in 2019 and all-new plumbing completed from 2020 to present. The heated, walk-out basement is already finished with drywall and offers an excellent opportunity to add flooring and create even more usable living space. Outside, enjoy a wrap-around deck overlooking the generous yard. Conveniently located near Wachusett Mountain and Route 2, making this home ideal for outdoor enthusiasts and commuters alike. A move-in-ready home with extensive updates in a highly convenient location!

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: 650 sq ft (the lesser of 900 sq ft or half the 1,300 sq ft principal dwelling). Lot size: 22,651 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

Original Price$519,000
Annual Taxes$3,840

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile
BasementFull, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.52
SqFt Lot22,651
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Park • Golf • Laundromat • Highway Access • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Living Room
Lvl First

Ceiling Fan(s), Flooring - Vinyl

Dining Room
Lvl First

Flooring - Vinyl, Deck - Exterior, Exterior Access, Slider, Lighting - Overhead

Kitchen
Lvl First

Flooring - Laminate, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl Second

Ceiling Fan(s), Closet, Flooring - Vinyl

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Ceiling Fan(s), Closet, Flooring - Vinyl

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate

Listing Provided By

Listing Agent: Christy Nault

Listing Office: Central Mass Real Estate

MLS® Number: 73577888