6 Oak Rd Norfolk — Photo 1 of 2
$20,000
Investment Analysis — 6 Oak Rd
Norfolk, MA 02056
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02056 carries an estimated $2,040/mo in gross rent — about a 91.82% cap rate and $18,365/yr in estimated NOI at the $20,000 list price. Adjust every assumption in the calculator below.
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Rare opportunity to own land in desirable Norfolk! This parcel at 6 Oak Road is being offered as an unbuildable lot, presenting a unique opportunity for an abutting homeowner, land investor, or buyer looking to acquire additional property in the Norfolk area. Enjoy the benefits of owning land in a well-established Norfolk neighborhood, with the potential value that may come from added land ownership, privacy, or future planning opportunities, subject to all applicable town regulations and restrictions. This lot is within a few minutes to Mirror Lake in Norfolk where you can spend your time enjoying all season on the lake!
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Heather Turco
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73572078
