0 Hiland Rd Charlton — Photo 1 of 2
$139,900
Investment Analysis — 0 Hiland Rd
Charlton, MA 01507 — Charlton Depot
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 8.41% cap rate and $11,766/yr in estimated NOI at the $139,900 list price. Adjust every assumption in the calculator below.
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Discover the perfect setting to build your custom home on this picturesque parcel tucked along one of Charlton’s most scenic country roads, now enhanced with deeded access to Cranberry Lake, offering the best of both land and lifestyle.Surrounded by mature woodlands, this property provides a private, peaceful backdrop ideal for a custom home, whether you envision a modern farmhouse, classic colonial, or refined country estate. With deeded lake rights, enjoy seasonal recreation including kayaking, fishing, and relaxing by the water just moments from your future doorstep.Enjoy the quiet of country living while remaining conveniently located near Route 20, Route 31, and quick access to the Mass Pike and I-84—making commuting throughout Central Massachusetts and beyond simple and efficient.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Property History
$139,900
Apr 1, 2026
MLS® 73494389
$120,000
Nov 27, 2024
MLS® 73309075
$120,000
Nov 2, 2024
MLS® 73309075
Listing Agent: Jason Martocci
Listing Office: Byrnes Real Estate Group LLC
MLS® Number: 73494389
