206 Stevens Glen Rd Richmond — Photo 1 of 17
$550,000
Investment Analysis — 206 Stevens Glen Rd
Richmond, MA 01254
Based on HUD Small Area Fair Market Rent for Pittsfield, MA HUD Metro FMR Area, a home in 01254 carries an estimated $1,450/mo in gross rent — about a 2.12% cap rate and $11,653/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
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The offered property comprises 52.35± acres in Richmond, Massachusetts, featuring a varied landscape of wooded acreage and a small open field near the northern portion of the property that provides scenic views to the south and west. The surrounding woodland creates a private setting adjoining the Berkshire Natural Resources Council's Stevens Glen Reserve, known for its maintained trail system and waterfall. Considerable planning and preliminary development work has already been completed, including six percolation tests, survey and land-planning documents, and a town-approved shared driveway permit. Existing plans identify potential locations for at least two building lots, with the possibility of a third, providing a future owner with a valuable framework for evaluating building sites and access while retaining flexibility in the property's ultimate design. Property is subject to Ch 61 Forest lien.
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 MLS and other third-party data may be inaccurate or out of date.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
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Walk/Jog Trails • Conservation Area
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Listing Agent: Keith Ross
Listing Office: LandVest, Inc.
MLS® Number: 73562359
