147 Washington Street Lot 2 Sherborn — Photo 1 of 7
$719,000
Investment Analysis — 147 Washington Street Lot 2
Sherborn, MA 01770
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01770 carries an estimated $2,340/mo in gross rent — about a 1.77% cap rate and $12,713/yr in estimated NOI at the $719,000 list price. Adjust every assumption in the calculator below.
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A rare offering at a great price! Beautiful 3.5 acre wooded lot with house set approximately 270 feet back from the road. Fully approved 8 bedroom septic design in hand, this is an amazing opportunity to build a gracious home with plenty of space and capacity for two additional ADUs as part of a family compound or for great rental income. Whether you are looking for a country escape, a functional multi-use homestead, or just a chance to build your dream home --- this is it! Privately sited, the possibilities are endless. Experience the small town vibe, rural heritage, abundant open space and consistently top-rated schools that Sherborn has to offer! Bring your own builder or allow us to connect you to a builder who can help you bring your imagination to life! This building site is READY TO GO!!
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 MLS and other third-party data may be inaccurate or out of date.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
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Walk/Jog Trails • Stable(s) • Conservation Area
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Listing Agent: Maryann Clancy
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73493089