0 Algerie Rd Otis — Photo 1 of 15
$45,000
Investment Analysis — 0 Algerie Rd
Otis, MA 01253
Based on HUD Small Area Fair Market Rent for Berkshire County, MA (part) HUD Metro FMR Area, a home in 01253 carries an estimated $1,200/mo in gross rent — about a 23.84% cap rate and $10,728/yr in estimated NOI at the $45,000 list price. Adjust every assumption in the calculator below.
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Build Your Dream Home nestled on this beautiful 1.6 Acre Parcel to enjoy the Best of Country Living. This is the perfect opportunity to create your own private retreat surrounded by the natural landscape with mature trees, rock formations, wetlands to the back of the property is complete with a picturesque babbling brook. Enjoy the privacy of state-owned land directly behind the lot, ensuring lasting tranquility. A great opportunity for builders, contractors or that special Buyer seeking the Relaxed Berkshires Lifestyle. Outdoor enthusiasts will appreciate the easy access to Otis Ridge Ski Area, Otis Reservoir, Big Pond, Tolland State Forest, & endless recreational options like swimming, hiking, hunting, kayaking, fishing, snowmobiling, or simply relaxing! Conveniently located on a publicly maintained road, offering the perfect balance of seclusion and accessibility. Create your future to discover the charm, peace, and outdoor adventure that makes this Otis property a true hidden gem!
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 MLS and other third-party data may be inaccurate or out of date.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: Kelley & Katzer Team
Listing Office: Kelley & Katzer Real Estate, LLC
MLS® Number: 73501973
