Lot 23 South Rd Hampden — Photo 1 of 6
$149,900
Investment Analysis — Lot 23 South Rd
Hampden, MA 01036
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01036 carries an estimated $1,170/mo in gross rent — about a 5.92% cap rate and $8,871/yr in estimated NOI at the $149,900 list price. Adjust every assumption in the calculator below.
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Near the CT/Hampden border this wooded lot will be privately set off the main road. It will be five plus acres of privacy with a small brook towards the rear. This is the last lot before the Connecticut state line. Seller working on official plot plan. Agent is working with seller to mark the lot for viewing.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Susan Como
Listing Office: Buy Rite Home
MLS® Number: 73570145