
Lot 2 Petersham Rd Hardwick — Photo 1 of 6
Recent Drop: $10,000
$189,900
Investment Analysis — Lot 2 Petersham Rd
Hardwick, MA 01037
Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a home in 01037 carries an estimated $1,150/mo in gross rent — about a 5.01% cap rate and $9,510/yr in estimated NOI at the $189,900 list price. Adjust every assumption in the calculator below.
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Nestled near state-owned land and Moose Brook, many possibilities can be found with this beautiful, wooded parcel of nearly 18 acres in the historic town of Hardwick, Massachusetts. It's an ideal setting for outdoor enthusiasts or anyone seeking a slower pace of life away from the city. Whether you're dreaming of a private estate surrounded by nature or looking to explore the development potential, this property offers incredible flexibility. The proposed plan features up to 4 lots, accessed by a shared common driveway, helping to reduce construction costs while minimizing environmental impact. The conceptual subdivision plan, work proposal, and deeded plan are available for review. Hardwick is one of Massachusetts' most picturesque farming communities in the state and proudly hosts the Hardwick Community Fair, the oldest continuously operating agricultural fair in the United States. Whether you envision a private country retreat or a small residential development, this versatile property provides the perfect opportunity to bring your plans to life.
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 MLS and other third-party data may be inaccurate or out of date.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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Building & Exterior
Property & Lot
Neighborhood
Walk/Jog Trails • Stable(s) • Golf • Medical Facility • Bike Path • Conservation Area
Geography
Property History
$189,900
Was $199,900
Sep 2, 2026
MLS® 73560533
$199,900
Aug 6, 2026
MLS® 73560533
$199,900
Jan 28, 2026
MLS® 73426699
$199,900
Sep 5, 2025
MLS® 73426699
$199,900
Aug 14, 2025
MLS® 73339841
$199,900
Feb 28, 2025
MLS® 73339841
Listing Agent: Lauren Mace
Listing Office: William Neylon Real Est.
MLS® Number: 73560533
