What is the estimated cap rate for 7,37,38 Thorndike And Lawrence Street, Palmer, MA 01069?

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, 7,37,38 Thorndike And Lawrence Street, Palmer, MA 01069 has an estimated 0.79% cap rate at its $990,000 list price, assuming ~$1,060/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 7,37,38 Thorndike And Lawrence Street, Palmer, MA 01069?

HUD Fair Market Rent estimates about $1,060/month total for a -bedroom in 01069. Actual market rent varies.

Active

208 Days on market

7,37,38 Thorndike And Lawrence Street Palmer — Photo 1 of 22

$990,000

Investment Analysis — 7,37,38 Thorndike And Lawrence Street

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 0.79% cap rate and $7,794/yr in estimated NOI at the $990,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

Style

Commercial

Built

Seize the perfect chance to establish your business in Palmer, just off the MA Pike on Route 32. This offering comprises a consolidated 1.82-acre lot, combining three smaller parcels into one prime opportunity. Recently, two parcels on Lawrence Street secured zoning approval for highway business, enhancing the property's potential. With 112 feet of frontage on Thorndike Street and 200 feet on Lawrence Street, visibility and traffic flow are assured. The convenience of city water and sewer services nearby adds to its appeal. Prospective buyers are advised to conduct comprehensive due diligence with the town of Palmer and to oversee the acquisition of all necessary lot approvals and permits.

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.

Financials

Original Price$990,000

Annual Taxes$1,873

Parking

Garage0

Off-Street0

Interior Specifications

Total Rooms--

FireplacesNone

Flooring--

BasementNone

Climate & Utilities

Heating--

Cooling--

WaterPublic, At Street, Nearby

SewerPublic Sewer, At Street, Nearby

Building & Exterior

Construction--

Roof--

Foundation--

ZoningHB

Property & Lot

Acres1.82

SqFt Lot79,279

Lot FeaturesLevel, Wooded, Other

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Brenda Binczewski

Listing Office: REMAX Connections

MLS® Number: 73477750