20 Lakeside Ave Webster — Photo 1 of 3
$100,000
Investment Analysis — 20 Lakeside Ave
Webster, MA 01571
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01571 carries an estimated $1,310/mo in gross rent — about a 10.75% cap rate and $10,747/yr in estimated NOI at the $100,000 list price. Adjust every assumption in the calculator below.
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Build your dream home near beautiful Webster Lake! This desirable parcel offers just over a 1/4 acre of land in a convenient Webster location, only approximately half a mile from the state boat ramp—perfect for boating, fishing, kayaking, and enjoying everything the lake has to offer. The lot features approximately 107 feet of road frontage and is located in a LAKE 5 zoning district. Public Water and Public Sewer are at street, with Electric accessible nearby. The Town has APPROVED this lot as buildable. The Perc test results are also available, providing a great opportunity for buyers, builders, or investors. Enjoy a peaceful setting while remaining close to shopping, restaurants, schools, and major commuter routes. Bring your plans and take advantage of this opportunity to own land near one of the area’s most popular recreational destinations!
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 MLS and other third-party data may be inaccurate or out of date.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: John Croteau
Listing Office: 1 Worcester Homes
MLS® Number: 73554667
