44-50 Lawrence Palmer — Photo 1 of 8
$129,900
Investment Analysis — 44-50 Lawrence
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01069 carries an estimated $1,060/mo in gross rent — about a 5.81% cap rate and $7,547/yr in estimated NOI at the $129,900 list price. Adjust every assumption in the calculator below.
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Great opportunity to potentially develop in-town building lots with access to city water and sewer close by. This 2.04-acre parcel with 400' of frontage consists of 4 lots being combined and sold together. With the current zoning, approval of a site plan and special permit for Town Houses or Condominiums. Buyers to do due diligence with Town of Palmer. The land is located just off the Pike exit and abuts lots that have been re-zoned to Highway Business. Buyer is responsible for verifying all information with the town of Palmer and doing their due diligence.Incredible opportunity to own land that borders the turnpike and can be sold as a package deal with other parcels that are commercial and residential.
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 MLS and other third-party data may be inaccurate or out of date.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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Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Brenda Binczewski
Listing Office: REMAX Connections
MLS® Number: 73474979