3 6 Schoolhouse Road Charlton — Photo 1 of 36
$1,330,000
Investment Analysis — 3 6 Schoolhouse Road
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01507 carries an estimated $2,240/mo in gross rent — about a 0.66% cap rate and $8,840/yr in estimated NOI at the $1,330,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
3,104
Style
Farm
Built
1759
Exceptional 166.44-acre conserved farm in Charlton offering approximately 96 acres of productive fields, 65 acres of forest, and a 9.4-acre irrigation pond. High-quality agricultural soils and underground irrigation support a variety of farming uses. Improvements include a renovated 1759 Colonial with 3 bedrooms, 1 baths, and 3,104 SF, plus five agricultural buildings totaling approximately 6,000 SF and a former 8,000 SF dairy barn. Currently used for nursery trees, shrubs, and hay production. The property is subject to an Agricultural Preservation Restriction (APR) and abuts approximately 286 additional acres of privately owned APR-protected land. Sale price and buyer’s agricultural management plan are subject to MDAR approval. There is a collapsed barn on the property with asbestos that will need to be removed by either buyer or seller. Seller has an environmental removal report and plan and two quotes to do the removal. Seller has trees on the property and would like to lease back portions of the property for 5 yrs until trees can be removed.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.7 x 14.5
Flooring - Wood, Wainscoting
Dining Room
Lvl First15.8 x 14.5
Flooring - Wood
Kitchen
Lvl Main,First7.6 x 13.6
Flooring - Wood, Countertops - Upgraded, Country Kitchen, Gas Stove
Family Room
Lvl Second15.8 x 12.9
Master Bedroom
Lvl First22.4 x 18.8
Flooring - Wood
Bedroom 2
Lvl Second16.7 x 13.3
Bedroom 3
Lvl Second16.7 x 14.9
Bathroom 1
Lvl First6.5 x 6.6
Listing Agent: Keith Ross
Listing Office: LandVest, Inc.
MLS® Number: 73564428
