Lot 4 Reed Street Warren — Photo 1 of 18
$38,500
Investment Analysis — Lot 4 Reed Street
Warren, MA 01083
Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a home in 01083 carries an estimated $1,210/mo in gross rent — about a 26.08% cap rate and $10,042/yr in estimated NOI at the $38,500 list price. Adjust every assumption in the calculator below.
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If you are ready to build your dream home this 1.33-acre lot with a beautiful country location is waiting for you. Access to public water, percolation test in hand. All you need to do is bring your ideas to life. The buyer is responsible for conducting their own due diligence with the town building departments.
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 MLS and other third-party data may be inaccurate or out of date.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
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$38,500
Mar 16, 2026
MLS® 73487141
$38,500
Dec 31, 2025
MLS® 73431969
$38,500
Sep 17, 2025
MLS® 73431969
$38,500
Aug 29, 2025
MLS® 73372119
$38,500
May 8, 2025
MLS® 73372119
Listing Agent: Brenda Binczewski
Listing Office: REMAX Connections
MLS® Number: 73487141