Historic character meets country living at "The Corners," a
distinctive Federal-style residence known as the Stearns House, set
on 3.03 acres of wooded and open land in Winchendon. With nearly
3,000 sq. ft., 4 bedrooms, 2.5 baths and 5 fireplaces, this
property offers generous spaces for everyday living and
entertaining.The home features an eat-in kitchen, dining room,
spacious living room, office, den and an oversized sunroom with a
fireplace. Two covered porches invite you to relax outdoors, while
a large mudroom, storage room and attached 5-bay garage add
convenience.A 30' x 34' post-and-beam barn includes horse stalls, a
storage room, animal pen and full loft, complemented by a 12' x 12' former icehouse. A small pasture with electric fencing offers space
for horses or goats. Enjoy a large fenced dog area and a 32' x 54' fenced garden with berry bushes; both fences are removable.The land
offers potential to subdivide and create 2 additional ANR lots.
Buyer is responsible for verifying feasibility, applying for and
obtaining all required Town approvals or endorsements, and
completing the Town's required process. Additional lots are not
currently approved.Recent improvements include 37 new double-pane
windows (August 2025), additional rear gutters (September 2025), a
remodeled main bath with shower, fresh interior paint, refinished
wood and painted floors, and new concrete floors in the garage
bays. Additional features include an architectural-shingle house
roof, metal barn roof, house and barn exterior painting (June
2022), a furnace installed in November 2021, updated 200-amp
electrical service, oil heat, town water and sewer, and a
stone-wall basement with a concrete floor.Convenient access to
Routes 12, 140 and 2, with commuter rail available in Fitchburg.
Historic charm, versatile outbuildings and room to cultivate your
own country lifestyle!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
The Corners is comprised of 5 acres of forest and open land at the corner of Ash Street and Hall Road in Winchendon. Often referred to as the “Stearns House”, the prominently sited Federal style house has nearly 3,000 sq. ft. and includes an eat-in kitchen, dining room, large living room, office, den, 5 fireplaces, 4 bedrooms, 2 ½ baths, 2 covered porches, a sunroom, and an attached five-bay garage. The 30 x 34’ post and beam barn and 12’x12’ former icehouse are in the southeast section of the property. Surrounded by the private Winchendon School, this property has easy access to Routes 12, 140 and 2, with Worcester less than 40 miles away and Boston 60 miles away by car -- and accessible via Fitchburg commuter line. Sellers open for Back up offers.
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