Active
94 Days on market
118 Worcester-Providence Tpke Sutton — Photo 1 of 4

118 Worcester-Providence Tpke Sutton — Photo 1 of 4

$699,000

Investment Analysis — 118 Worcester-Providence Tpke

Sutton, MA 01590

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01590 carries an estimated $1,600/mo in gross rent — about a 1.18% cap rate and $8,215/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

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Exceptional development opportunity on approximately 18 acres in a prime, high-visibility location. Positioned along a heavily traveled corridor with outstanding traffic counts, this property offers convenient access to Worcester, Providence, Boston, and major New England transportation routes.The site is served by public water and sewer, making it well-suited for a variety of development possibilities, including a medical satellite office, 55+ condominium community, 40B housing development, office park, mixed-use project, and more (subject to approvals).Surrounded by numerous amenities and just 8 minutes from Polar Park, this strategically located parcel combines excellent accessibility, strong regional connectivity, and significant development potential.

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 MLS and other third-party data may be inaccurate or out of date.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$699,000
Annual Taxes$6,377

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
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BasementNone

Climate & Utilities

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Cooling--
WaterPrivate, Public, At Street
SewerPrivate Sewer, Public Sewer, At Street

Building & Exterior

Construction--
Roof--
Foundation--
ZoningB2

Property & Lot

Acres17.88
SqFt Lot778,853
Lot FeaturesWooded

Geography

Listing Provided By

Listing Agent: Jarrod Lewis

Listing Office: J. Christopher Real Estate Group

MLS® Number: 73533343