123-125 Mendon Bellingham — Photo 1 of 9
$850,000
Investment Analysis — 123-125 Mendon
Bellingham, MA 02019
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02019 carries an estimated $2,080/mo in gross rent — about a 1.16% cap rate and $9,900/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
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Commercial
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1.63 cleared acres in a prime location on Mendon St. Full site development plan in hand, town has already issued approval for an approx 6,480 sq ft 2 story building. This could be a great location for a medical/dental office, restaurant, professional offices, retail space, salon/spa, etc - refer to the attached use regulations schedule. Entry to lot already features paved parking area. Electric and water on site. Some fencing already in place, can be adjusted or removed. Buyer to perform due diligence regarding all permits, approvals and intended use.
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 MLS and other third-party data may be inaccurate or out of date.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
Listing Agent: Mary Nelson
Listing Office: Keller Williams Elite
MLS® Number: 73578543
