
Lot 1 O'neil Dr Westborough — Photo 1 of 13
$450,000
Investment Analysis — Lot 1 O'neil Dr
Westborough, MA 01581
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01581 carries an estimated $2,220/mo in gross rent — about a 3.30% cap rate and $14,846/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.
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Rare opportunity to build your dream home in an established Westborough neighborhood with nearly 16 acres of permanent open space as your backdrop! Two approved residential lots are available at the top of Harvey Lane and O’Neil Drive, offering the ideal combination of a neighborhood setting, privacy and natural surroundings. The permanent open space behind the homesites is designed to remain open in perpetuity, with no homes or roads to be built—an exceptional feature that provides a beautiful and protected setting. Conveniently located close to Westborough High School and just minutes from vibrant downtown Westborough, shopping, dining and major routes. Lots have recently been staked for easy viewing. Water and sewer connections are available, with estimated connection fees of approximately $5,000 for water and $10,000 for sewer. A truly unique opportunity to create a custom home in one of Westborough’s most convenient locations. Buyers and buyer agents to perform their own due diligence regarding zoning, permitting, utilities, connection fees and proposed use
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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Shopping • Walk/Jog Trails • Golf • Conservation Area • Highway Access
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Listing Agent: Robert Smith
Listing Office: Mathieu Newton Sotheby's International Realty
MLS® Number: 73567009