Active
657 Days on market
0 Windsor Way Shirley — Photo 1 of 10

0 Windsor Way Shirley — Photo 1 of 10

$2,999,000

Investment Analysis — 0 Windsor Way

Shirley, MA 01464 — Shaker Village

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01464 carries an estimated $2,040/mo in gross rent — about a -2.26% cap rate and $-67,895/yr in estimated NOI at the $2,999,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Remarkable opportunity. Remaining lots of 20-year-old subdivision for sale. Part of Apple Orchard Estates in Shirley. 48 lots on 30 acres had been approved and are being sold as one package with 13 acre Parcel "K" which is approved for an additional 100+ sewer connections (possible apartment building). Buyer will obtain new permits because wetlands have migrated since original approvals. Seller has a new plan for 37 lots on the 30 acres parcel that work with new wetland maps. See attached docs. Buyer will build roads with curbing, utilities and drainage. Utilities are located on Windsor Road. The 48 Lots are taxed as separate building lots and can be seen on the State GIS Viewer. Each lot gets its own tax bill from the Town of Shirley and pays a fee to Apple Orchard Estates HOA. Recent similar sales of homes in Shirley have approached $800,000. Much documentation is available. Buyers and/or their brokers must register with listing broker to access additional documentation.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$2,999,000
Annual Taxes$86,500

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
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BasementNone

Climate & Utilities

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WaterPublic, Nearby
SewerPublic Sewer, At Street, Nearby

Building & Exterior

Construction--
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ZoningRES

Property & Lot

Acres43
SqFt Lot1,873,080
Lot FeaturesRolling Slope, Wetlands, Sloped, Irregular Lot, Fill Needed, Cul-De-Sac

Neighborhood

Sidewalks

Geography

Property History

Listed
$2,999,000

Nov 24, 2024

MLS® 73388435

Expired
$2,999,000

Nov 23, 2024

MLS® 73119766

Listed
$2,999,000

Jun 2, 2023

MLS® 73119766

Listing Provided By

Listing Agent: Ezra Stillman

Listing Office: Hammond Residential Real Estate

MLS® Number: 73388435