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76 Days on market
0 Carter Pond Road Petersham — Photo 1 of 18

0 Carter Pond Road Petersham — Photo 1 of 18

$295,000

Investment Analysis — 0 Carter Pond Road

Petersham, MA 01366 — Nichewaug

Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a home in 01366 carries an estimated $1,250/mo in gross rent — about a 3.47% cap rate and $10,224/yr in estimated NOI at the $295,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Style

Residential

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Across from Carter Pond, this wooded property offers water views of the pond, 1,016 feet of frontage on Carter Pond Road, and a beautiful natural setting of mature hardwoods, white pine, and hemlock. Power and internet service are available along the road. Classic New England stone walls divide portions of the land and line sections of the road frontage, adding character and history. Thoughtful paths have been carved throughout the property as potential future roads, with consideration given to the 1/10 rule for road construction. Petersham zoning requires 150 feet of frontage and 1.5 acres, offering potential flexibility for future planning. The property is surrounded by conserved land, including holdings of the Massachusetts Division of Fisheries and Wildlife and privately protected land under permanent conservation restrictions. Nearby Carter Pond and additional acreage over the Barre town line are owned by Carter Pond Company, originally formed in the 1920s as a fishing club and still maintained as private open space.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$295,000
Annual Taxes$1,176

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
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BasementNone

Climate & Utilities

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WaterPrivate
SewerPrivate Sewer

Building & Exterior

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ZoningRRA

Property & Lot

Acres10
SqFt Lot435,600
Lot FeaturesRolling Slope, Wooded, Gentle Sloping

Neighborhood

Walk/Jog Trails • Conservation Area • Private School • Public School

Geography

Listing Provided By

Listing Agent: Cody Ross

Listing Office: LandVest, Inc.

MLS® Number: 73542773