Lot 5A Old Colony Rd Princeton — Photo 1 of 9
$295,000
Investment Analysis — Lot 5A Old Colony Rd
Princeton, MA 01541
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01541 carries an estimated $1,480/mo in gross rent — about a 3.90% cap rate and $11,509/yr in estimated NOI at the $295,000 list price. Adjust every assumption in the calculator below.
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NOT YOUR AVERAGE LOT ! FIND A BEAUTIFUL HOMESITE ! READY TO BUILD NOW ! The trees are cut, stumps removed and lot is rough graded with loam stockpiled, You can build your future Home on this beautiful wooded Western Princeton hillside set up off a quiet side road. Situated not far off Route 62 and on the Mid-State Trail the Lot has Conservation / DCR land across the street and all around, Please view on the GIS map. The Lot is situated close to the Ware River at the walking bridge for many great recreational potentials. Please check out the water view photo from the bridge, which is a 2 minute walk away. The Seller has a REASONABLE SEPTIC SYSTEM design for the Buyer's review. Call us and make your plans to see. Come fall in love with this Lot and find the quiet and privacy that you will want to come Home to. This is one of only 2 remaining lots in this area of Princeton.
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 MLS and other third-party data may be inaccurate or out of date.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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Walk/Jog Trails • Conservation Area
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Listing Agent: Gary Griffin
Listing Office: Sholan Realty
MLS® Number: 73528585