Lot 1 Oakland Drive East Brookfield — Photo 1 of 3
$109,900
Investment Analysis — Lot 1 Oakland Drive
East Brookfield, MA 01515
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01515 carries an estimated $1,290/mo in gross rent — about a 9.50% cap rate and $10,446/yr in estimated NOI at the $109,900 list price. Adjust every assumption in the calculator below.
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Beautiful 9+ acre lot just off Main Street! This is the perfect spot for your dream home! Located on a dead end street in an area of beautiful homes. Septic design for a 4 bedroom is included! Quick and easy access to major routes including MA pike less than a 15 minute drive. Lake Lashaway beach for residents is about a 3 minute drive..Restaurants and everything you could want or need is less than 5 minutes away...
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 MLS and other third-party data may be inaccurate or out of date.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 • Park • Highway Access • House of Worship • Public School
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Listing Agent: Donna Flannery
Listing Office: ERA Key Realty Services- Spenc
MLS® Number: 73543310
