97-LOT Petersham Road Athol — Photo 1 of 2
$149,900
Investment Analysis — 97-LOT Petersham Road
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01331 carries an estimated $1,070/mo in gross rent — about a 5.95% cap rate and $8,917/yr in estimated NOI at the $149,900 list price. Adjust every assumption in the calculator below.
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Plan your new home or perfect for a Builder on this 1.47-acre wooded/level parcel on Petersham Road (Lot 97) in Athol! Substantial planning has already been undertaken, with engineering documents available for a proposed three-bedroom single-family residence, including a septic design with a 1,500-gallon tank, leaching system and reserve area. Recorded approval document of WPA-Order of conditions and supporting plans are available for review. Water hook-up on street. Property meets the applicable zoning requirements for the Town. Engineering initiated for proposed construction of a 3 bedroom SF home, driveway, septic system,reserve ,water service, grading & erosion controls. Buyer/agent to perform diligence with Town & any planning for a home Enjoy all the North Quabbin area offers, from hiking the trails at Bearsden Conservation Area to fishing, canoeing and kayaking on the Millers River. Shopping, dining and Route 2 access add everyday convenience. Bring your builder and explore the possibilities! GIS map, septic design & recorded WPA attached to MLS!
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 MLS and other third-party data may be inaccurate or out of date.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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Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Listing Agent: Kelle O'Keefe
Listing Office: Keller Williams Realty North Central
MLS® Number: 73572126
