365 Hollis Hill Road Lunenburg — Photo 1 of 9
$1,350,000
Investment Analysis — 365 Hollis Hill Road
Lunenburg, MA 01462
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01462 carries an estimated $2,040/mo in gross rent — about a 0.40% cap rate and $5,441/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
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Prime Development Land with @ 34 acres of wooded parcels to be established, in much desired Lunenburg less then a minute from Lake Whalom! The varied lots are 37,43,44 & 45 on Town GIS map! Perfect project for Single family residences, approx estimate would be @ 13-16 SF home potential. There are nearby stubs for water, sewer (connection on Electric Ave. to Carr Ave-Whalom Rd). Natural gas near. The seller's did a lot of diligence with docs for review and can offer a lot information of the land to assist a developer with their project . This is the prior Lake Lodge property & surrounding land. There is a 40B development project documents performed by the seller should a buyer want to pursue. Close to major highways, shopping, restaurants, recreation and the "T" ! Please do not walk property without permission.Seller will meet with vetted developer to view the parcels with the mylars in hand.
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 MLS and other third-party data may be inaccurate or out of date.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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Public Transportation • Shopping • Park • Golf • Conservation Area • Highway Access
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Listing Agent: Kelle O'Keefe
Listing Office: Keller Williams Realty North Central
MLS® Number: 73471005
