
0 Wares Road Ashby — Photo 1 of 25
$245,000
Investment Analysis — 0 Wares Road
Ashby, MA 01431
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01431 carries an estimated $2,040/mo in gross rent — about a 7.45% cap rate and $18,250/yr in estimated NOI at the $245,000 list price. Adjust every assumption in the calculator below.
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Build your dream home in the heart of nature on this exceptional 7.77-acre property in Ashby, Massachusetts. Offering the perfect balance of privacy, convenience, and outdoor adventure, this one-of-a-kind property is tucked away off a town-maintained paved road and is surrounded by protected conservation land.The property consists of three combined parcels totaling 7.77 acres. The 5.54-acre buildable parcel has been prepared, featuring a cleared homesite, installed driveway, and two approved perc test locations for a septic system. The seller has completed much of the groundwork, including an engineered 4-bedroom septic design and permit, a full site plan, and a well permit—making it easier to begin building your custom home. Two additional parcels (1.13 and 1.1 acres) are designated conservation land, preserving your privacy while providing peaceful walking paths, abundant wildlife, and a tranquil natural setting that cannot be developed. Nature enthusiasts will appreciate that much of the property directly abuts state-owned land, with a private cleared trail connecting to the extensive trail networks of Willard Brook StatePark and Pearl Hill State Park. Together, these parks encompass just under 3,600 acres managed by the Massachusetts Department of Conservation and Recreation, offering year-round recreation including hiking, mountain biking, horseback riding, birdwatching, fishing, swimming, camping, snowshoeing, cross-country skiing, and snowmobiling. As an added benefit, the current owner is willing to assist the buyer with the existing permits and site plans, if desired, and can provide contractor referrals and estimates for utilities and site work to help simplify the building process. If you've been searching for a private homesite where you can enjoy the beauty of nature without sacrificing accessibility, this rare Ashby property is ready to bring your vision to life. Not far from the NH line, Fitchburg State University, and Commuter Rail. The storage shed will convey for your convenience.
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: Kim Tabor
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73558620
