Active
997 Days on market
35 Mcgovern Blvd Lancaster — Photo 1 of 4

35 Mcgovern Blvd Lancaster — Photo 1 of 4

$800,000

Investment Analysis — 35 Mcgovern Blvd

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 1.48% cap rate and $11,809/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

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Baths

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SqFt

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Style

Commercial

Built

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High visibility, high traffic location. Surrounded by Mass Youth Soccer Fields, abutting Dunkin' Donuts and Mobil Gas Station, across the street from Kimball Farms Ice Cream, near 4 automobile dealers, this premier location is ideal for auto dealership, restaurant, or retail. Lancaster EZ zoning classification allows most professional and commercial uses. Residential uses are not allowed. Addition land available see MLS#

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 MLS and other third-party data may be inaccurate or out of date.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$800,000
Annual Taxes$5,337

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningEZ

Property & Lot

Acres4.2
SqFt Lot182,952
Lot FeaturesLevel

Neighborhood

Highway Access

Geography

Listing Provided By

Listing Agent: Wendy Poudrette

Listing Office: Foster-Healey Real Estate

MLS® Number: 73188523