63 Farm Road Lot 5 Sherborn — Photo 1 of 8
$785,000
Investment Analysis — 63 Farm Road Lot 5
Sherborn, MA 01770
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01770 carries an estimated $2,340/mo in gross rent — about a 1.52% cap rate and $11,921/yr in estimated NOI at the $785,000 list price. Adjust every assumption in the calculator below.
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Lovely buildable lot set approximately 400 feet back from the road on 2.06 acres. Situated in a prestigious location adjacent to hundreds of acres of conservation. Opportunity to build up to a 7 bedroom home, with fully approved septic design and permit for well, in hand. The large septic design will also allow for a possible ADU. The site offers a southeast exposure with a slight elevation for enhanced pond view. Very conveniently located and privately sited on desirable Farm Road within walkable distance to school, recreation areas, Farm Pond and town services. Bring your own builder and/or design or let us introduce you to a builder who would be a perfect fit for your specific needs. An excellent chance to create a one-of-a-kind home in a spectacular location! This building site is READY TO GO!!!
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 MLS and other third-party data may be inaccurate or out of date.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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Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Conservation Area
Geography
Listing Agent: Maryann Clancy
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73493068
