Lot 9 Gould Road Charlton — Photo 1 of 5
$125,000
Investment Analysis — Lot 9 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 9.01% cap rate and $11,268/yr in estimated NOI at the $125,000 list price. Adjust every assumption in the calculator below.
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One of 9 ANR lots newly approved on a mid-state rail trail country road. Lot 9 has a stream crossing the lower left corner leaving 2.6 acres of continuous upland to build on. Pole 21 to the right of the brook is close to the right lot lone. There are 6 other lots listed in MLS if you need more land. Survey with pole locations and soil test results that were witnessed and approved by the Board of Health agent are added to this listing in Documents. Seller will remove 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. 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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Karen Mercure Jerz
Listing Office: Custom Home Realty, Inc.
MLS® Number: 73489546