0 Lot 9c Bell Rd North Brookfield — Photo 1 of 11
$138,000
Investment Analysis — 0 Lot 9c Bell Rd
North Brookfield, MA 01535
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01535 carries an estimated $1,290/mo in gross rent — about a 7.33% cap rate and $10,109/yr in estimated NOI at the $138,000 list price. Adjust every assumption in the calculator below.
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This is an exceptionally rare easy to build lot that will allow you to begin building immediately! Seller is in process of subdiving it from larger lot, and has already invested over 30,000 in labor and materials for a fully developed driveway. No costly septic system needed here because TOWN sewer is located right at the street. Save time and money by having a cleared, level lot with just enough trees for some privacy in the front and back. This is a gorgeous, quiet area to live in if you want to get away from city life and enjoy the wonders of nature. Whether you are interested in building a custom home or take advantage of the existing Ranch style home plans that the seller already has this property offers flexibility while eliminating many of the typical hurdles of raw land. Don’t miss your chance to begin building your dream home in this ideallic setting .
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Lynda Hafner
Listing Office: ERA Key Realty Services- Spenc
MLS® Number: 73577898
