1-9 Helens Way Auburn — Photo 1 of 1
$750,000
Investment Analysis — 1-9 Helens Way
Auburn, MA 01501
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01501 carries an estimated $1,390/mo in gross rent — about a 1.08% cap rate and $8,091/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
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Style
Residential
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1-9 Helens Way (88 Wallace Avenue) is a ±5.8-acre residential land site approved for a 9-lot single-family subdivision. The subdivision was approved in 2010 with plans recorded at the Worc. Registry of Deeds Plans Book: 00880 and Page: 21. Subdivision plans allowed for eight (8) 0.46-acre lots and one (1) 1.42-acre lot. Zoned Residential B (RB) - single family is allowed by right. Two-family detached dwelling and townhouse development will requirement a special permit and apartment development will require site-plan approval. Water/sewer and electricity are located on Wallace Ave.
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 MLS and other third-party data may be inaccurate or out of date.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
Shopping • Park • Highway Access • Public School
Geography
Listing Agent: Brian Johnson
Listing Office: Kelleher and Sadowsky Associates, Inc.
MLS® Number: 73450697
