32 W Mountain St. Worcester — Photo 1 of 5
$99,999
Investment Analysis — 32 W Mountain St.
Worcester, MA 01606
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01606 carries an estimated $1,720/mo in gross rent — about a 14.39% cap rate and $14,392/yr in estimated NOI at the $99,999 list price. Adjust every assumption in the calculator below.
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Development opportunity in Worcester! Vacant land located in a convenient location with access to area amenities and major routes. Property is located within Business Limited zoning district, offering potential for a variety of uses. Opportunity for residential or multifamily development may exist, subject to zoning, permitting. This is an excellent opportunity for builders, developers, investors, or buyers looking to explore the possibilities of this Worcester parcel. Buyer and buyer’s agent must perform all due diligence regarding zoning, permitted uses, utilities, buildability, lot dimensions, and development potential with the City of Worcester and appropriate authorities.
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 MLS and other third-party data may be inaccurate or out of date.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: Monique Frigon
Listing Office: RE/MAX Generations
MLS® Number: 73563704
