31 Burncoat Ln Leicester — Photo 1 of 38
$998,900
Investment Analysis — 31 Burncoat Ln
Leicester, MA 01524
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01524 carries an estimated $1,670/mo in gross rent — about a 0.36% cap rate and $3,574/yr in estimated NOI at the $998,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
3.5
SqFt
3,296
Style
Single Family
Built
2008
It is time to start living the lake life style in a gorgeous lakefront home on the serenity of Burncoat Pond, a fully recreational 116-acre lake, yet very peaceful and charming. Located across from the Burncoat Wildlife Sanctuary, where you can enjoy a peaceful walk thru the fields and woods, this 2-bedroom, 3.5 bath home was distinctively planned, including an over-sized primary bedroom. Impeccably maintained with water views from every window! Large 2-car heated garage. The sunroom is stunning, an ideal spot for morning coffee that leads to the Trek deck! West facing...Spectacular sunsets!! This house was built for entertaining and has additional rooms and a Murphy bed for overnight guests and family to enjoy. There is an additional room for a dining area or office. The finished basement has a counter with a sink, a full bathroom, sitting area and pellet stove with walk out access to a covered patio and Tiki bar. You do not want to miss out on all the seasons of lake living...paddle boarding...swimming...tubing...sailing...fishing...ice fishing...water skiing...kayaking...watch the "dimes & nickels" radiate on the lake!! And when your day is done, relax by the fire and enjoy the stars...this is a one-of-a-kind retreat where it all comes together! First showings this coming Saturday at open house,11-12:30 by appointment. Pontoon boat included!
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
Amenities & Appliances
Water Heater
Geography
Listing Agent: Richard Stockhaus
Listing Office: Lakefront Living Realty, LLC
MLS® Number: 73578311
