Lot 2 Gould Road Charlton — Photo 1 of 4
$115,000
Investment Analysis — Lot 2 Gould Road
Charlton, MA 01507
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01507 carries an estimated $1,400/mo in gross rent — about a 9.90% cap rate and $11,388/yr in estimated NOI at the $115,000 list price. Adjust every assumption in the calculator below.
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One of 9 lots in a new subdivision of ANR lots with frontage on a mid-state rail trail country road. Lot 2 has over 300 feet of frontage on Gould Rd with 1.46 acres of continuous upland. Will require some fill, but will also allow a walkout basement. Wetlands are located in the back half of the lot. There will be an easement over this lot and Lot 3 for a shared utility, access and wetland crossing to get to the upland of Lots 1 and 3. Seller will remove the land from 61B tax status prior to closing. See survey and soil test results that were witnessed and approved by Board of Health Agent attached in Documents. 6 other lots listed in MLS if you are looking for more land. The engineer working with the seller can provide all engineering and survey work required for septic system, residential storm water management if needed, and plot plan with your home design on it for an additional cost paid directly to them. All wetlands on the property were delineated & approved by the town & state.
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 MLS and other third-party data may be inaccurate or out of date.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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Property History
$115,000
Mar 20, 2026
MLS® 73489540
$82,500
Apr 19, 2025
MLS® 73325428
$120,000
Jan 12, 2025
MLS® 73325428
Listing Agent: Karen Mercure Jerz
Listing Office: Custom Home Realty, Inc.
MLS® Number: 73489540
