360 Grove St Paxton — Photo 1 of 7
$399,000
Investment Analysis — 360 Grove St
Paxton, MA 01612
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01612 carries an estimated $1,390/mo in gross rent — about a 2.72% cap rate and $10,840/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Residential
Built
--
An exceptional opportunity awaits in Paxton, a right-to-farm community that permits horses. This 11.85-acre lot offers complete privacy in a quiet, well-established area. Key features of the property include: Utilities & Infrastructure: A well is already in place, and the seller has engineering plans for the septic system. House engineering plans are available to the buyer upon request. This partially wooded lot features a large path cleared from the front to the back. Conveniently located minutes from the Worcester line, providing easy access to Route 31, Route 9, the airport, Klingele Field, and Cournoyer Vegetable Farm. This lot is ready for you to start building!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Park • Highway Access • House of Worship • Public School
Geography
Listing Agent: Dorrinda O'Keefe Shea
Listing Office: Century 21 North East
MLS® Number: 73552219