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48-48R Manchester St, Leominster, MA, 01453

2beds
1baths
940sqft
$325,000
$346price/sqft
$2,445/moest. monthly cost
$97,800/yrincome needed

About This Home

Welcome to this charming Cape-style cottage nestled on a picturesque street in downtown Leominster, where convenience meets cozy living. Just minutes from local restaurants, shopping, parks, and major commuter routes, this home offers an ideal opportunity for first-time buyers, downsizers, or anyone seeking a simpler lifestyle. The inviting backyard is a true highlight, featuring a fully fenced yard with established perennial gardens, raised planting beds, garden plots, and a storage shed. A spacious rear deck provides the perfect spot to enjoy your morning coffee, entertain friends, or simply relax while overlooking the beautiful outdoor space. Inside, the home embraces comfortable, minimalist living. The first floor offers a living room, dining room, kitchen, laundry area, and direct access to the backyard deck and gardens. Upstairs, you'll find two bedrooms filled with natural light. With its character, charm, and endless potential, this delightful cottage is ready for your personal touches to transform it into the home you've always envisioned.

Getting Around

50
WalkingCar-Dependent
28
TransitSome Transit
32
BikeSomewhat Bikeable

Schools

5/10
5/10
Samoset SchoolGrades 6-81.7 mi
5/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone,Slab
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Refrigerator,Freezer,Washer,Dryer
  • Laundry features: First Floor,Electric Dryer Hookup,Washer Hookup

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • Window features: Insulated Windows
  • Flooring: Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 940

Heating & Cooling

  • Heating features: Electric Baseboard,Heat Pump,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 940
  • Total interior livable area: 940 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 1583536
  • Zoning: RES
  • Foundation area: 696

Features

  • Patio & porch: Deck - Wood
  • Exterior features: Deck - Wood,Storage,Garden

Lot

  • Lot size: 9,920 sqft
  • Features: Easements

Parking

  • Total spaces: 3
  • Parking features: Paved Drive,Shared Driveway,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$110$1,320
Property Taxes $338$4,056
Electricity $354$4,259
Total$2,445$29,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,828/yr
40% on housing$73,350/yr
45% on housing$65,200/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$346This listing

vs Other Active Listings

Avg $/sqft

ZIP 01453$222
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01453$283
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Contingent$325,000
2026-07-22Listed for sale$325,000

For Sale by Agent

AgentDonna Landry
BrokerageKeller Williams Realty North Central

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