0 Main Street Lancaster — Photo 1 of 5
$500,000
Investment Analysis — 0 Main Street
Lancaster, MA 01523
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01523 carries an estimated $1,880/mo in gross rent — about a 2.79% cap rate and $13,943/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.
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ATTENTION BUILDERS & DEVELOPERS!!! Desirable 13.37-acre parcel on Main St. (Rt. 117) featuring two perc-tested building sites (Soil Surveys in hand.). Expansive open fields and easy access to major highways. Located directly across from Harper’s Farm & Garden. Convenient to Routes 190 and 70. Buyer to perform all due diligence regarding building permits and other necessary approvals.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Stephanie Pandiscio
Listing Office: Foster-Healey Real Estate
MLS® Number: 73392636