13W Old Country Rd Wales — Photo 1 of 6
$59,000
Investment Analysis — 13W Old Country Rd
Wales, MA 01081
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01081 carries an estimated $1,380/mo in gross rent — about a 20.13% cap rate and $11,878/yr in estimated NOI at the $59,000 list price. Adjust every assumption in the calculator below.
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Buildable 1+ acre lot. Beautiful lot in brand new subdivision of Cape & Colonial-style homes. Level wooded lot ready for your designs and dreams. Successful perc test as of 7/26. Town of Wales has confirmed that it is buildable. Plenty of trees ensure privacy. This lot is towards the end of a cul-de-sac. Electric is at the street. Lake George is 2.5 miles away. This is an opportunity to build your own home on a beautiful level lot on a cul-de-sac road.
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 MLS and other third-party data may be inaccurate or out of date.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: Joseph Cali
Listing Office: Cali Realty Group, Inc.
MLS® Number: 73561094
