Lot 3 Gould Road Charlton — Photo 1 of 5
$110,000
Investment Analysis — Lot 3 Gould Road
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01507 carries an estimated $1,400/mo in gross rent — about a 10.41% cap rate and $11,448/yr in estimated NOI at the $110,000 list price. Adjust every assumption in the calculator below.
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One of 9 lots in a newly approved subdivision on a mid-state rail trail country road. Lot 3 has a fair amount of wetlands and some frontage on Wee Laddie Pond. There are 2.16 acres continuous upland for a building site that will require an easement for a utility, access and wetland crossing over Lots 2 & 3 to be shared with Lot 1. Survey and soil testing results are attached to the listing as Documents. Seller will remove the 61B tax status prior to closing. The engineer working with the seller can provide all engineering and survey work required for septic system, residential storm water management if needed, and plot plan with your home design on it for an additional cost paid directly to them. 6 other lots available in this location if you wish to combine a few. All wetlands on the property were delineated & approved by the town & state.
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 MLS and other third-party data may be inaccurate or out of date.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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Building & Exterior
Property & Lot
Geography
Property History
$110,000
Mar 20, 2026
MLS® 73489543
$150,000
Jan 17, 2025
MLS® 73325429
$150,000
Jan 12, 2025
MLS® 73325429
Listing Agent: Karen Mercure Jerz
Listing Office: Custom Home Realty, Inc.
MLS® Number: 73489543